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    Financial Accounting
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    Exam 5: Communicating and Interpreting Accounting Information
  5. Question
    The Essence of Reporting the Gains on Sales of Investments
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The Essence of Reporting the Gains on Sales of Investments

Question 92

Question 92

True/False

The essence of reporting the gains on sales of investments separately on an income statement is that they are not part of the primary operations of the reporting company.

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