Question: Practice Question 04 Accounting principles are generaly accepted only when I. an authoritative accounting rule-making body has established it in an official pronouncement. II. a

Practice Question 04 Accounting principles are "generaly accepted" only when I. an authoritative accounting rule-making body has established it in an official pronouncement. II. a given practice has been accepted as appropriate because of its universal application. O I only. O II only. O I or II. O Neither I nor II. LENK TO TEXT
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