IFRS requires that noncash items: a . Be reported in the section to which they relate, that

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IFRS requires that noncash items:

a. Be reported in the section to which they relate, that is, a noncash investing activity would be reported in the investing section.

b. Be disclosed in the notes to the financial statements.

c. Do not need to be reported.

d. Be treated in a fashion similar to cash equivalents.

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Accounting Principles

ISBN: 9781119707110

14th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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Question Posted: Jul 04, 2022 04:00 AM

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IFRS requires that noncash items: a . Be reported in the section to which they relate, that

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Thorough explanation Noncash items should be disclosed in the notes to the fina...View the full answer

Accounting Principles

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