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PAS 1 Presentation of Financial Statements Quiz
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PAS 1 Presentation of Financial Statements Quiz

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Questions and Answers

The following are objectives of PAS 1 Presentation of Financial Statement, except

  • Prescribes the basis for the presentation of general purpose financial statements.
  • The guidelines for their structure.
  • Minimum requirements for their content to ensure comparability.
  • These are the subject matter of the Conceptual Framework and the PFRSs. (correct)

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