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Please match the statements below with one of the five options (Conceptual Framework or particular financial statement). You might not use all of the available
Please match the statements below with one of the five options (Conceptual Framework or particular financial statement). You might not use all of the available options for your answers. It provides qualitative characteristics of useful financial information This statement shows the total amount of deferred revenue 1. IFRS Conceptual Framework 2. Income statement It shows the impact that the current period's net income and dividends declared have on the company's retained earnings 3. Statement of changes in equity 4. Statement of financial position 5. Statement of cashflows Information from this statement is used to calculate the current ratio of a company It is used to determine a company's profitability for the current period
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