Question: Question ( 3 ) Which statement about publicly held companies with audited financial statements under IFRS is correct? IFRS requires a cash flow statement and
Question
Which statement about publicly held companies with audited financial statements under IFRS is correct?
IFRS requires a cash flow statement and allows for both direct and indirect cash flow statements to be used.
IFRS requires a cash flow statement but does not allow either direct nor indirect cash flow statements to be used.
IFRS does not require a cash flow statement but allows for bot direct and indirect cash flow statements to be used.
IFRS allows for any cash flow statement method to be used.
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