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Discuss what is the ifrs

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Reference no: EM131591652

Question: 1. Under IFRS, cash and cash equivalents are reported:

(a) the same as GAAP.

(b) as separate items.

(c) similar to GAAP, except for the reporting of bank overdrafts.

(d) always as the first items in the current assets section.

Reference no: EM131591652

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