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Describe the treatment of each of the following items under IFRS versus GAAP. (a) Interest paid. (b) Interest received. (c) Dividends paid. (d) Dividends received.

Describe the treatment of each of the following items under IFRS versus GAAP.

(a) Interest paid. (b) Interest received. (c) Dividends paid. (d) Dividends received.

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