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Why Should You Refrain from Using Your Thumb to Check

question 28

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Why should you refrain from using your thumb to check the pulse?

Know how to account for investment transactions, including purchases, dividends, and sales.
Understand the preparation and purpose of consolidated financial statements.
Recognize the impact of ownership percentages on accounting methods.
Identify the effects of investments on financial statements (unrealized gains/losses, investment income).

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