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Which of the following statements is false as it relates to the theory...

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Accounting

Which of the following statements is false as it relates to the theory of conservatism in accounting:A. When there is a question, record an expense rather than an asset.B. Anticipate no gains but provide for all probable losses.C. If in doubt, record an asset at the lowest reasonable amount and a liability at the highest reasonable amount.D. All of the above are true.

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