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.Which of these is a financial instrument ? a. trade receivables b. machinery c. redeemable preference shares d. company own equity shares 2.the accounting principle

  1. .Which of these is a financial instrument ?

a. trade receivables

b. machinery

c. redeemable preference shares

d. company own equity shares

2.the accounting principle applied by standard IAS32 when distinguishing between liabilities and equity is:

a. prudence

b. neutrality

c. substance over form

d. consistency

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