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Which of the following implicate quality of earnings? Companies use alternative accounting methods that hamper comparability. Companies sometimes report pro forma income measures that do

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Which of the following implicate quality of earnings? Companies use alternative accounting methods that hamper comparability. Companies sometimes report pro forma income measures that do not follow US generally accepted accounting principles Companies sometimes recogrize revenue prematurely and deler expense recognition resulting in reporting income and/or expenses in the wrong period O All of the above. QUESTION 29 Entity reports: Building (at cost) $400,000 and Accumulated Depreciation, Building of $198,000. How should this be shown on its classified balance sheet? O Book value of $202,000 should be shown under Intangible Assets O Book value of $598,000 should be shown under Property, Plant, and Equipment The cost of the building less accumulated depreciation resulting in a book value of $202,000 should be shown under Property, Plant, and Equipment Building at $400,000 should be shown under Property, Plant, and Equipment, and Accumulated Depreciation of $198,000 should be shown under Current Liabilities

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