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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 5: The Income Statement and the Statement of Cash Flows Time Value of Money Module
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    A Company Is Not Required to Follow a Specific Format
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A Company Is Not Required to Follow a Specific Format

Question 34

Question 34

True/False

A company is not required to follow a specific format in making the disclosures for its segments but the FASB encourages the most useful format for its specific circumstances.

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