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    Business
  3. Study Set
    Financial Accounting and Reporting
  4. Exam
    Exam 14: The Statement of Comprehensive Income and Statement of Changes in Equity
  5. Question
    An Entity Shall Recognise All Items of Income and Expense
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An Entity Shall Recognise All Items of Income and Expense

Question 53

Question 53

True/False

An entity shall recognise all items of income and expense in a period in profit or loss unless an International Financial Reporting Standard requires or permits otherwise.

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