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Find which of the reporting standards is most relevant

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Reference no: EM132983910

Problem 1: You are a business manager. During the period, you have authorized the acquisition of a machine that will be used in your company's manufacturing activities in the next 5 years. In your selection of an appropriate accounting policy for the recognition and measurement of the machine, which of the following reporting standards is most relevant?

a) PAS 1

b) PAS 2

c) PAS 16

d) PAS 32

Reference no: EM132983910

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