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Which of the statements below are not true of a set of financial statements? Is intended to substitute for filing income tax retums to the

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Which of the statements below are not true of a set of financial statements? Is intended to substitute for filing income tax retums to the IRS in determining the amount on income taxes owed by a business Is intended to assist users in evaluating the financial position, profitability and future prospects of an entity Includes notes disclosing information necessay for the proper interpretation of the statements Is intended to assist investors and creditors in making decisions involving the allocation of economic resources

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