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Criticisms against setting of Accounting Standards:
1. Setting of Standards may occasionally control the type of treatment of definite items.
2. They may generate inflexibility in reporting of accounting information.
3. They cannot dominate the statute, as they are set within the sample of the existing statutes.
i have an assignment fro perdisco platform managing general entries of basic accounts will u guys be able to help with it
WHAT IS THE MEANING OF INVENTORY TURNOVER
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