1. What is the passage mainly about?
A. how to verify objecttivity
B. ideas that guide accountants
C. when principles must be changed
D. how to predict the most-likely scenario
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2. Relavance means that
A. a sole proprietorship is unbiased
B. business records must be practical
C. optimistic scenarios are not hidden
D. managers should include all information
3. Objectively means
A. separating personal records.
B. using only verifiable numbers.
C. following feelings and opinions
D. accounting for optimistic scenarios