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Limitations of financial statements like balance sheet , profit and loss statement ?

Accounting Auditing Financial Accounting Banking
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Question added by Hamid Mahmood , Branch Services Manager , Faysal Bank Limited
Date Posted: 2015/04/27
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ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

With respect to accounting methods, one of the limitations of the income statement is that income is reported based on accounting

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