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The IASB and FASB Are Working on a Converged Statement

Question 143

Multiple Choice

The IASB and FASB are working on a converged statement of financial position using the headings of


A) assets, liabilities, and equity.
B) revenues and expenses.
C) assets, liabilities, revenues, expenses and equity.
D) operating, investing, and financing.
IFRS.

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