Question: Question Mode Multiple Select Question Select all that apply Criticisms of the objectives - oriented approach for accounting standards are ( Select all that apply.

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Multiple Select Question
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Criticisms of the objectives-oriented approach for accounting standards are (Select all that apply.)
Multiple select question.
an absence of rules may lead to intentional misuse of a standard.
professional judgment may result in different treatments of similar transactions.
a lack of disclosure notes explaining accounting policies.
the rules can be easily applied uniformly.

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