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Which of the following statements is not true? Comparability means using the same accounting principles from year to year within a company. The primary objective
Which of the following statements is not true?
Comparability means using the same accounting principles from year to year within a company.
The primary objective of financial reporting is to provide financial information that is useful to investors and creditors for making decision.
Relevant accounting information must be capable of making a difference in the decision.
Faithful representation is the quality of information that gives assurance that it is free from error.
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