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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 10: Reporting and Analyzing Liabilities
  5. Question
    The Effective-Interest Method Is Required for Companies Reporting Under IFRS
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The Effective-Interest Method Is Required for Companies Reporting Under IFRS

Question 52

Question 52

True/False

The effective-interest method is required for companies reporting under IFRS, but optional for companies using ASPE if other methods do not result in material differences.

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