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    Financial Accounting Information for Decisions Study Set 3
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    Exam 11: Reporting and Analyzing Equity
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    Companies Report Prior Period Adjustments,net of Any Income Tax Effects
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Companies Report Prior Period Adjustments,net of Any Income Tax Effects

Question 213

Question 213

Multiple Choice

Companies report prior period adjustments,net of any income tax effects in the:


A) Statement of cash flows.
B) Balance sheet.
C) Statement of retained earnings.
D) Income statement.
E) No disclosure is required.

Correct Answer:

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