Under IFRS: a . Taxes are always treated as an operating activity. b . The income statement
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Under IFRS:
a. Taxes are always treated as an operating activity.
b. The income statement uses the headings operating, investing, and financing.
c. Dividends received can be either an operating or investing activity.
d. Dividends paid can be either an operating or investing activity.
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The IFRS Interpretations Committee IFRS IC issued IFRIC 23 which clarifies how the recognitio...View the full answer
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Related Book For
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
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