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    Accounting Study Set 1
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    Exam 23: Presentation of Financial Statements
  5. Question
    An Income Statement Prepared for External Use Would Normally Contain
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An Income Statement Prepared for External Use Would Normally Contain

Question 1

Question 1

Short Answer

An income statement prepared for external use would normally contain more/fewer)specific expenses and income items than one prepared for internal use.

Correct Answer:

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