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Posted: June 15th, 2022
Which of the following statements relating to the role of professional judgment
eight. Which of the following statements relating to the role of professional judgment in the monetary reporting course of is (are) true?a. Completely different accountants could consider comparable conditions in a different way.b. The willpower of which objects needs to be disclosed in notes to monetary statements requires professional judgment.c. As soon as a whole record of typically accepted accounting ideas is ready, judgment by accountants will not enter into the monetary reporting course of.d. The chance exists that professional judgment later could show to have been incorrect.
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