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    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
  4. Exam
    Exam 5: The Income Statement and the Statement of Cash Flows Time Value of Money Module
  5. Question
    IFRS Content in the Income Statement Is Similar to U
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IFRS Content in the Income Statement Is Similar to U

Question 4

Question 4

Multiple Choice

IFRS content in the income statement is similar to U.S. GAAP in all of the following areas except the disclosure of


A) revenues.
B) finance costs.
C) comprehensive income disclosure in a statement of shareholders' equity.
D) tax expense.

Correct Answer:

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