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    Financial Reporting
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    Exam 4: Structure of the Balance Sheet and Statement of Cash Flows
  5. Question
    It Is Permissible for a Firm That Reports in Accordance
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It Is Permissible for a Firm That Reports in Accordance

Question 51

Question 51

True/False

It is permissible for a firm that reports in accordance with IFRS to emphasize its liquidity by placing current assets and current liabilities in close proximity to one another on the balance sheet.

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