Is There A Consensus on Reformed View Regarding translation and Sources?

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Maybe it's for the same reason as many other things we accept by faith, not having been eyewitnesses to events nor processes. There's a theological basis for holding to the idea of a received text. Can you accurately articulate that theological basis?
I would would not be to do that, as I do like the KJV/NKJV, but also do see the modern versions such as the Nas/Esv as valuable for bible study use in addition.
 
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