Question: Accounting estimates, by their nature _______. Select one: a. involve subjective decision making on the part of management b. should not be estimated by management,

Accounting estimates, by their nature _______.

Select one:

a. involve subjective decision making on the part of management

b. should not be estimated by management, but rather by the auditor at the end of the period

c. involve objective decision making on the part of management

d. should cause little or no variance at the end of the period

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