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What advantage to the user of financial accounting statement

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Reference no: EM132643957

Problem 1: The advantage to the user of financial accounting statements that are audited by independent certified public accountants is assurance that the:

Option 1: statements are produced in accordance with generally accepted accounting principles.

Option 2: company will be solvent for at least one more year.

Option 3: company cannot remain profitable for more than 2 to 3 years.

Option 4: company pays its fair share of income taxes.

Reference no: EM132643957

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