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A statement of comprehensive income is presented

A statement of comprehensive income is presented 



1.	The accounting is essentially the same under IFRS and GAAP for
a.	prior period adjustments.
b.	revaluation surplus.
c.	treasury stock.
d.	All of the answer choices are correct.

2.	The income statement using IFRS is called the statement of
a.	profit and loss.
b.	financial position.
c.	earnings.
d.	comprehensive income.

3.	A statement of comprehensive income is presented in
a.	a single-statement format only.
b.	a two-statement format only.
c.	an operating format.
d.	either a one- or two-statement format.





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06 Apr 2016

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  1. Genius

    A statement of comprehensive income is presented

    A statement of comprehensive income is presented A statement of comp ****** ******
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