According to the Conceptual Framework, the definition of income includes both revenue and gains.
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Q18: Which of the following is decision that
Q19: Using the indirect method for presenting operating
Q20: The statement of cash flows can be
Q21: The statement of cash flows requires the
Q22: In very rare circumstances, IFRS allow entities
Q24: Entities may choose to present dividends paid
Q25: The presentation of cash flows from investing
Q26: The direct method is preferable because income
Q27: According to IFRS, an entity can avoid
Q28: Major classes of gross cash receipts and
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