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Explain why is rule-making process for information contained

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Reference no: EM132711362

Problem 1: Why is there a rule-making process for information contained in financial reports?

Select an answer:

Option 1: so outsiders can compare different companies
Option 2: so companies in different industries can have custom rules
Option 3: so companies know how to use the information internally
Option 4: so outsiders can compare different industries

Reference no: EM132711362

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