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Which of the following represent problems encountered when comparing the financial statements of two separate entities? 1. Either one, or both, of the firms may

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Which of the following represent problems encountered when comparing the financial statements of two separate entities? 1. Either one, or both, of the firms may be conglomerates and thus have unrelated lines of business. II. The operations of the two firms may vary geographically. II. The firms may use differing accounting methods. IV. The two firms may be seasonal in nature and have different fiscal year ends, Select one: A. II and III only OB. I, II, and Ill only. C.I, III, and IV only D. I and II only E. I, II, III, and IV

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