How many years from the preceding examination

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Problem 1: Allowing entities to estimate rather than physically count inventories at interim periods is an example of a trade-off between

a. Verifiability and comparability
b. Timeliness and verifiability
c. Neutrality and consistency
d. Timeliness and comparability

Problem 2: A candidate who obtains the rating of 75% and above in at least majority of the subjects shall receive a conditional credit for the subjects passed. He/she shall take an examination in the remaining subjects within how many years from the preceding examination?

a. 1
b. 2
c. 3
d. 4

Reference no: EM133002142

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