Which of the following statements is true of accounting data? a. Accounting data do not...
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Accounting
Which of the following statements is true of accounting data? a. Accounting data do not have to be adjusted in any manner to compare companies with different capital structures. b. Accounting data consider off-balance sheet items, such as pension obligations of a firm. c. Accounting data are historical data and thus backward-looking. d. Accounting data focus mainly on intangible assets, rather than tangible assets
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