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Which of the following statements about the use of financial statements is not correct? Information in the notes to the financial statements can influence a
Which of the following statements about the use of financial statements is not correct?
Information in the notes to the financial statements can influence a user's interpretation of balance sheet and income statement information.Companies can develop reputations for honest financial reporting even when conveying bad news.Trends in a company's net income from year to year can provide clues about its future earnings, which can help investors to decide whether to buy stock in the company.When choosing between a company that pays steady dividends and one that retains its earnings to support future growth, investors will always choose the company that pays steady
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