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    Financial Accounting Study Set 25
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    Exam 13: Financial Statement Analysis
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    All Revenue and Expense Items Are Considered Ordinary in Nature
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All Revenue and Expense Items Are Considered Ordinary in Nature

Question 179

Question 179

Multiple Choice

All revenue and expense items are considered ordinary in nature under


A) both IFRS and GAAP.
B) GAAP.
C) IFRS.
D) neither IFRS or GAAP.

Correct Answer:

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