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    Financial Accounting and Reporting
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    Exam 4: An Overview of Accounting for Assets
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    The IASB Conceptual Framework Allows Use of a Different Measurement
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The IASB Conceptual Framework Allows Use of a Different Measurement

Question 70

Question 70

True/False

The IASB Conceptual Framework allows use of a different measurement basis for similar assets as long as this is disclosed in the summary of accounting policies adopted in the notes to the accounts.

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