Two principal characteristics of accounting quality are the accounting data should provide a fair and accurate picture
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Two principal characteristics of accounting quality are the accounting data should provide a fair and accurate picture of financial performance for the particular reporting period and relevant data to forecast expected future earnings. Provide an example of poor accounting quality that would impede the forecasting of expected future earnings.
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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