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    Financial Accounting Reporting Analysis
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    Exam 13: Analysing and Integrating Gaap
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    Under the Conceptual Framework, Decreases in Economic Benefits That Arise
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Under the Conceptual Framework, Decreases in Economic Benefits That Arise

Question 25

Question 25

Multiple Choice

Under the Conceptual Framework, decreases in economic benefits that arise outside the ordinary course of business are known as:


A) gains.
B) losses.
C) revenues.
D) expenses.

Correct Answer:

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