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Which of the following statements is true regarding economic events? a. The signing of a service contract is an example of an external event that

Which of the following statements is true regarding economic events?

a. The signing of a service contract is an example of an external event that is recorded in the accounting records.

b. Every event which affects an entity can be identified from a source document.

c. All internal and external events must be measured with sufficient reliability.

d. External events involve exchanges between an entity and another entity outside the company.

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