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Title: Since external users of financial statements have no way to verify the reported information, Post by: Rosa on Jan 18, 2023 Since external users of financial statements have no way to verify the reported information,
▸ FASB provides consequences to companies who distribute false managerial accounting reports to outsiders. ▸ GAAP provides a level of protection or assurance that the reports will follow certain standards. ▸ internal reports are provided to them by management. ▸ they cannot make informed decisions from financial information. Title: Since external users of financial statements have no way to verify the reported information, Post by: apina on Jan 18, 2023 Content hidden
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