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    Intermediate Accounting IFRS Study Set 2
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    Exam 2: Conceptual Framework Underlying Financial Accounting
  5. Question
    Which of the Following Is Not a Basic Element of Financial
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Which of the Following Is Not a Basic Element of Financial

Question 63

Question 63

Multiple Choice

Which of the following is not a basic element of financial statements?


A) Assets.
B) Statement of financial position.
C) Equity.
D) Income.

Correct Answer:

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