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    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 16: The Statement of Comprehensive Income and Statement of Changes in Equity
  5. Question
    By Focusing Only on the Income Statement,we Do Not Obtain
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By Focusing Only on the Income Statement,we Do Not Obtain

Question 48

Question 48

True/False

By focusing only on the income statement,we do not obtain a full picture of all the gains and losses that may have occurred for an entity during the period.

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