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Recent changes in _______ accounting standards require companies to group items within OCI based on __________: U.S. GAAP; their expected future categorization on the income

Recent changes in _______ accounting standards require companies to group items within OCI based on __________:

  • U.S. GAAP; their expected future categorization on the income statement into income from continuing operations and discontinued operations.

  • U.S. GAAP; whether they will be reclassified subsequently into net income or whether they will be subsequently reclassified into income when specific conditions are met.

  • IFRS; whether they will be reclassified subsequently into net income or whether they will be subsequently reclassified into income when specific conditions are met.

  • IFRS; their expected future categorization on the income statement into income from continuing operations and discontinued operations.

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