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Business, 03.04.2020 17:13 IsabellaGracie

Murray Company has attempted to determine the replacement cost of its inventory. Three different appraisers arrive at substantially different amounts for this value. The president, nevertheless, decides to report the middle value for external reporting purposes. Which qualitative characteristic of information is lacking in these data? (Do not use relevance or faithful representation.)

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Murray Company has attempted to determine the replacement cost of its inventory. Three different app...
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