Describe the major constraint inherent in the presentation

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Reference no: EM13793421

Please address the following 3 discussion questions in your own words, not from copying from different website.

1- Revenues, gains, and investments by owners are all increases in net assets. What are the distinctions among?

2- What is the fair value option? Explain how use of the fair value option reflects application of the fair value principle.

3- Describe the major constraint inherent in the presentation of accounting information.

Reference no: EM13793421

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