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Chapter 7 - Presentation and Disclosure of the IASB's Conceptual

Question 22

Multiple Choice

Chapter 7 - Presentation and Disclosure of the IASB's conceptual framework indicates that the _____ is the primary source of information about an entity's financial performance for the reporting period.


A) Balance sheet
B) Income statement
C) Statement of owners' equity
D) Statement of comprehensive income

Correct Answer:

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