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Which of the following statements are true? I. Non-compliance with IAS 34 indicated that the entity does not comply with the requirements of IAS 1.

Which of the following statements are true?

I. Non-compliance with IAS 34 indicated that the entity does not comply with the requirements of IAS 1.

II. IAS 34 requires entities whose equity or debt securities are traded in a public capital market to publish interim reports at least as of the end of the first half of the financial year.

Note: In Philippine settings

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