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  3. Study Set
    Intermediate Accounting Study Set 7
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    Exam 5: Statements of Net Income and Comprehensive Net Income
  5. Question
    IFRS Requires Companies to Disclose Write-Downs of Inventory or of Property
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IFRS Requires Companies to Disclose Write-Downs of Inventory or of Property

Question 7

Question 7

True/False

IFRS requires companies to disclose write-downs of inventory or of property, plant, and equipment if they are not presented on the income statement.

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