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Which of the following is considered to be a characteristic of the usefulness of income statements?

jboutdy

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Which of the following is considered to be a characteristic of the usefulness of income statements?

Which of the following is considered to be a characteristic of the usefulness of income statements?
A) Income statements require judgment.
B) Income statements evaluate past performance.
C) Income statements depend on the accounting methods selected.
D) Income statements exclude unreliable information.

Textbook

Intermediate Accounting

Intermediate Accounting

Edition: 1^st

Authors: Gordon, Raedy, Sannella

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ggilchr1

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Lawson1981, kamikazekota

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jboutdy Author

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Just confirmed the same answer from my friend, thanks

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