Question: When is it permissible to issue financial statements that contain a material departure from GAAP?Multiple ChoiceIt is never permitted.When it is a non - US

When is it permissible to issue financial statements that contain a material departure from GAAP?Multiple ChoiceIt is never permitted.When it is a non

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US corporation.When the auditor can demonstrate that due to unusual circumstances the financial statements would otherwise have been misleading.When management does not like the GAAP results.

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