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Which of the following statements is prect? Only ASPE is principles - based; IFRS is rules - based. Only IFRS is principles - based; ASPE
Which of the following statements is prect?
Only ASPE is principlesbased; IFRS is rulesbased.
Only IFRS is principlesbased; ASPE is rulesbased.
Neither IFRS nor ASPE is principlesbased
Both IFRS and ASPE are principlesbased.
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