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The International Accounting Standards Board (IASB) Defines Five Interrelated Elements

Question 136

Multiple Choice

The International Accounting Standards Board (IASB) defines five interrelated elements of financial statements. Which of the following is not one of those elements?


A) Asset.
B) Income.
C) Equity.
D) All of the choices are elements defined by the IASB.

Correct Answer:

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