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Which of the following is not characteristic of financial accounting?
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Which of the following is not characteristic of financial accounting?Select one:

a. Information used in financial statements is prepared in conformity with generally accepted accounting principles.

b. The information is confidential and is intended for use only by company management.

c. The information is used in a wide variety of business decisions

d. The information is developed according to well defined standards.

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Subject: Accounting, Business

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