Question

in appropriate accounting policies are rectified by?​

Answer 1

Answer:

An entity cannot rectify inappropriate accounting policies either by disclosure of the accounting policies used or by notes or explanatory material. Inappropriate accounting policies are not rectified either by disclosure of the accounting policies used, or by notes or explanatory material.

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Answer 2

Answer:

An entity cannot rectify inappropriate accounting policies either by disclosure of the accounting policies used or by notes or explanatory material. Inappropriate accounting policies are not rectified either by disclosure of the accounting policies used, or by notes or explanatory material.

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