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  3. Study Set
    Applying International Financial Reporting Standards
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    Exam 4: Revenue
  5. Question
    The Two Elements of Performance Referred to in the Conceptual
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The Two Elements of Performance Referred to in the Conceptual

Question 17

Question 17

Multiple Choice

The two elements of performance referred to in the Conceptual Framework are:


A) assets and liabilities
B) revenue and expenses
C) liabilities and equity
D) expenses and income

Correct Answer:

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