ARGUMENT IN ACCOUNTING Definition

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ARGUMENT IN ACCOUNTING usually revolves around the premise that characterizes fair values of assets as being more relevant but less reliable than their historical costs, with fair value being ultimately more informative only if its increased relevance outweighs its reduced reliability.

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SAMPLING RISK is the possibility that conclusions drawn from the sample may not represent correct conclusions for the entire population.

INTENSITY DRIVERS are used to directly charge for the resources used each time an activity is performed.

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