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Which of the following statements about financial statements is true? A. Adjustments are made to reflect the effect of inflation on the financial results. B.

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Which of the following statements about financial statements is true? A. Adjustments are made to reflect the effect of inflation on the financial results. B. Financial statements have a forward-looking bias. C. Some values that are reflected depend on the estimates of management and but will be reported in a similar way across companies. D. Financial statements do not reflect information that cannot be expressed in monetary terms

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