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Question 03/10 Which of the following statements is/are correct? 1. The finance charge shown on the face of the statement of profit and loss may

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Question 03/10 Which of the following statements is/are correct? 1. The finance charge shown on the face of the statement of profit and loss may include fair value movements attributable to financing contracts 2. Interest costs can be disclosed above and below the operating profit line in the Statement of profit or loss Only statement 1 is correct O Only statement 2 is correct O Both statements are correct O O O Neither statements are correct

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