Which of the following statements is not true in measuring earnings? ...
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Accounting
Which of the following statements is not true in measuring earnings?
| a. | Capital maintenance approach is more related to measurement problem, while transaction approach is more related to revenue recognition issues. | |
| b. | For the income measurement, there are two approaches such as trasaction and capital maintenance | |
| c. | the transaction approach is more focused on the accounts on balance sheet. | |
| d. | The current GAAP is more based on the transaction approach |
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