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Which of the following is not a characteristic or limitation of the kind of information that financial reporting by business enterprises can provide? Multiple Choice

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Which of the following is not a characteristic or limitation of the kind of information that financial reporting by business enterprises can provide? Multiple Choice The information results in approximate, rather than exact measures 0 The information largely reflects the financial effects of transactions that have already taken place 0 The information is provided and used at a cost 0 ations of the kind of information that financial reporting by business enterprises can provide All of the answers are charactentes or 0 The balance sheet of an entity Mimple Choice C) shows the value of the theme of the balance shoot O rotects the impact of ton on the replacement cost of these non portando con cost

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