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Accounting Principles and Concepts
Accounting Principles and Concepts
Quiz
Question 1
Question 2
Question 3
Question 4
Question 5
Question 6
Question 7
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What is the main feature of financial accounting?
A.
It is not regulated by law.
B.
It is used only for tax purposes.
C.
It is primarily based on retrospective information.
D.
It focuses solely on future projections.
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