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    Financial Accounting and Reporting
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    Exam 4: An Overview of Accounting for Assets
  5. Question
    Under IAS 1 the Classification of Assets into Current and Non-Current
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Under IAS 1 the Classification of Assets into Current and Non-Current

Question 68

Question 68

Multiple Choice

Under IAS 1 the classification of assets into current and non-current will depend on the entity's:


A) average operating cycle.
B) current accounting period.
C) ordinary course of business.
D) normal operating cycle.

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