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Business, 05.11.2021 02:40 joshbolaadebawore

The presentation of current and non-current liabilities in the statement of financial position (balance sheet): a. is shown on both a GAAP and an IFRS statement of financial position.
b. includes contingent liabilities under IFRS.
c. is shown only on GAAP financial statements.
d. is always shown with current liabilities reported first in an IFRS statement of financial position.

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