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Accounting

When a CPA is associated with financial statements that do not comply with promulgated GAAP because the statements would be misleading without the departure, the CPA is not required to disclose

A. The reasons compliance would have been misleading.

B. The approximate effects of the departure in comparison to the application of GAAP.

C. The reason the departure does not have a material effect on the statements.

D.The departure

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9439673

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