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  3. 1. if i capitalize an item that should have been e

1. If I capitalize an item that should have been expensed, my cash flow from...

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Accounting

1. If I capitalize an item that should have been expensed, my cash flow from operations will be overstated and my cash flow from investing activities will decrease.

2. All financial statements submitted to the SEC including annual (10-K) and quarterly (10-Q) statements must be audited by an independent, certified public accountant (CPA). Select one: True False

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