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  3. Study Set
    Intermediate Accounting IFRS Study Set 3
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    Exam 24: Presentation and Disclosure in Financialreporting
  5. Question
    Income Tax Expense Is Recognized in Each Interim Period Based
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Income Tax Expense Is Recognized in Each Interim Period Based

Question 9

Question 9

True/False

Income tax expense is recognized in each interim period based on the best estimate of the weighted-average annual income tax rate expected for the full financial year.

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