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    Advanced Financial Accounting Study Set 1
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    Exam 11: Public Sector Financial Reporting
  5. Question
    On What Statement Does the Amortization of Tangible Capital Assets
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On What Statement Does the Amortization of Tangible Capital Assets

Question 3

Question 3

Multiple Choice

On what statement does the amortization of tangible capital assets appear as a reconciling item?


A) Statement of financial position
B) Statement of operations
C) Statement of changes in net debt
D) Statement of cash flows

Correct Answer:

verifed

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