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- IAS 1 – Presentation of Financial Statements 0%
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Question 1 of 4
IAS 1 uses terminology that is suitable for __________CorrectIncorrect
Question 2 of 4
Under which of the following circumstances is a misstatement material?CorrectIncorrect
Question 3 of 4
Which of the following does not comprise a set of financial statements?CorrectIncorrect
Question 4 of 4
An entity can rectify inappropriate accounting policies either by disclosure of the accounting policies used or by notes or explanatory material.CorrectIncorrect