B-15.12 Worksheet

B-15.12 Worksheet - (d Justification for consolidating the...

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Name: Date: Section: B-15.12 (a) Overcomes mixing alternative measurements into the financial statements. (b) A continuous business process can be segmented into discrete intervals. (c) Provides for an orderly allocation of costs and revenues over extended time periods.
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Unformatted text preview: (d) Justification for consolidating the accounts of separate legal entities. (e) Because of this, changing currency values due to inflation effects are disregarded....
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