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    Business
  3. Study Set
    Intermediate Accounting IFRS Study Set 1
  4. Exam
    Exam 5: Statement of Financial Position and Statement of Cash Flows
  5. Question
    Land Held for Speculation Is Reported in the Property, Plant
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Land Held for Speculation Is Reported in the Property, Plant

Question 3

Question 3

True/False

Land held for speculation is reported in the property, plant, and equipment section of the statement of financial position.

Correct Answer:

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