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(b) Explain TWO (2) similarities between preparation of consolidated statement of financial position and consolidated statement of income statement. (2 marks) (c) What the rationale

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(b) Explain TWO (2) similarities between preparation of consolidated statement of financial position and consolidated statement of income statement. (2 marks) (c) What the rationale for different treatment in adjustments for consolidated SOFP as opposed to consolidated SOCI? (4 marks)

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