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Which of the following is a limitation of the balance sheet? Group of answer choices Items of financial value are sometimes omitted because they cannot

Which of the following is a limitation of the balance sheet? Group of answer choices

Items of financial value are sometimes omitted because they cannot be recorded objectively

None are limitations of the balance sheet

It does not aid in predicting amounts, timing, and uncertainty of future cash flows

Most assets and liabilities are recorded at fair value which provides room for manipulation

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