Accounting policies and practices that are most important to the portrayal of the companys financial condition and

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Accounting policies and practices that are most important to the portrayal of the company’s financial condition and results, and require management’s most difficult, subjective, or complex judgments are called:

a. Critical accounting policies and practices.

b. Critical accounting estimates.

c. Significant accounting policies and practices.

d. Material contingencies.

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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