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Why B and C are wrong? 1 Which of the following statements is correct? A. Accounting is not an exact science. B All entities in

Why B and C are wrong?

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1 Which of the following statements is correct? A. Accounting is not an exact science. B All entities in a given industry must use the same method of inventory . GAAP (generally accepted accounting principles) assures that financial D. All of these are correct. costing. ts of all entities are completely comparable

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