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  3. Study Set
    Intermediate Accounting IFRS Study Set 1
  4. Exam
    Exam 5: Statement of Financial Position and Statement of Cash Flows
  5. Question
    The Statement of Financial Position Omits Many Items That Are
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The Statement of Financial Position Omits Many Items That Are

Question 85

Question 85

True/False

The statement of financial position omits many items that are of financial value to the business but cannot be recorded objectively.

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