Business, 21.04.2020 23:24 BreBreDoeCCx

According to GAAP, the disclosure of accounting policies adopted by a reporting entity is important to financial statement readers in determining whether accounting policies are consistently applied from year to year. net income for the year. the value of obsolete items included in ending inventory. whether the working capital position is adequate for future operations.

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According to GAAP, the disclosure of accounting policies adopted by a reporting entity is important...

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