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When converting to Part III (NFPO) for the first time, the entity's first set of financial statements Multiple choice question. must show comparative numbers for
When converting to Part III (NFPO) for the first time, the entity's first set of financial statements Multiple choice question. must show comparative numbers for the previous year as they were presented in those earlier years under the old set of standards. must show comparative numbers for the previous year as if Part III had always been applied. must not show comparative numbers since the accounting policies used in those years is different than the current year
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