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    Exam 8: Liabilities and Owners Equity
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    The Usual Measurement Basis Allowed by the IFRS and Adopted
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The Usual Measurement Basis Allowed by the IFRS and Adopted

Question 3

Question 3

Multiple Choice

The usual measurement basis allowed by the IFRS and adopted in practice for subsequent measurement of long-term borrowings in IFRS consolidated financial statements is:


A) Cost
B) Fair value
C) Amortised cost
D) Expected payments

Correct Answer:

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