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  3. Study Set
    Intermediate Accounting Study Set 6
  4. Exam
    Exam 5: The Income Statement and the Statement of Cash Flows
  5. Question
    IFRS Content in the Income Statement Is Similar to U
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IFRS Content in the Income Statement Is Similar to U

Question 10

Question 10

Multiple Choice

IFRS content in the income statement is similar to U.S.GAAP in all of the following areas except the disclosure of


A) revenues
B) finance costs
C) extraordinary items
D) tax expense

Correct Answer:

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