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    Intermediate Accounting Study Set 1
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    Exam 2: Conceptual Framework Underlying Financial Reporting
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    Under IFRS, Equity Does NOT Include
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Under IFRS, Equity Does NOT Include

Question 63

Question 63

Multiple Choice

Under IFRS, equity does NOT include


A) long-term leases.
B) common and/or preferred shares.
C) accumulated other comprehensive income.
D) retained earnings.

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