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Business, 18.08.2019 04:20 la200564

Which of the following is a valid argument for separate accounting principles for proprietary activities? two separate measurement focuses and bases for accounting within the same set of financial statements are confusing. there are no clear-cut distinctions between business and non-business activities. the measurement focus on all economic resources is more consistent with the gasb’s objectives that financial reporting should provide information to determine whether current-year revenues were sufficient to pay for current-year services. surveys of statement users indicate that information on depreciation is not of high priority to governmental decision makers.

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Which of the following is a valid argument for separate accounting principles for proprietary activi...
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