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  3. Study Set
    Intermediate Accounting Study Set 2
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    Exam 1: Environment and Theoretical Structure of Financial Accounting
  5. Question
    Revenues Are Inflows or Other Enhancements of Assets or Settlements
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Revenues Are Inflows or Other Enhancements of Assets or Settlements

Question 108

Question 108

True/False

Revenues are inflows or other enhancements of assets or settlements of liabilities from activities that constitute the entity's ongoing operations.

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