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    Intermediate Accounting Study Set 6
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    Exam 16: Contributed Capital
  5. Question
    Which Set of Accounting Principles Directly Uses the Term "Reserve
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Which Set of Accounting Principles Directly Uses the Term "Reserve

Question 43

Question 43

Multiple Choice

Which set of accounting principles directly uses the term "reserve"?


A) Both IFRS and GAAP
B) GAAP but not IFRS
C) IFRS but not GAAP
D) neither IFRS nor GAAP

Correct Answer:

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