Question: Evaluates past performance. d . 2 . Predicts future performance. a . 3 . Assesses risks or uncertainties of achieving future cash flows. f .
Evaluates past performance.
d
Predicts future performance.
a
Assesses risks or uncertainties of achieving future cash flows.
f
Excludes certain items.
f
Depends on accounting methods selected.
g
Can be manipulated and managed.
e
Requires extensive judgment.
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