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Michelle Seidel BSc LLB MBA Updated November 08 2018 Small business service providers property owners and anyone else who accepts checks or electronic payments often use bank account validation as a tool to mitigate risk. Verifiable financial accounting information provides results that would be substantially duplicated by independent measurers using the same measurement methods According to FASB Verifiability means no more than that several measurers are likely to obtain the same measure. Accounting information should be verifiable in order to By.
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