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  3. Study Set
    Australian Financial Accounting Study Set 1
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    Exam 12: Set-Off and Extinguishment of Debt
  5. Question
    AASB 132 Allows for All Types of Assets and Liabilities
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AASB 132 Allows for All Types of Assets and Liabilities

Question 33

Question 33

True/False

AASB 132 allows for all types of assets and liabilities to be offset as long as the entity intends to settle on a net basis:

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