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accounting standards 1 is​

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Answered by Sly01
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  1. This Standard deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. ... The disclosure of some of the accounting policies followed in the preparation and presentation of the financial statements is required by law in some cases.

Answered by Closeon
0

Answer:

the answer is below

Explanation:

This Standard deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. ... The disclosure of some of the accounting policies followed in the preparation and presentation of the financial statements is required by law in some cases.

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