Under IFRS, assets and liabilities in the statement of financial position appear in order of
A)decreasing closeness-to-cash.
B)increasing closeness-to-cash.
C)alphabetical order.
D)numerical order.
E)all of the above.

Question

Quizplus · Accepted Answer

Under IFRS, assets and liabilities in the statement of financial position appear in order of increasing closeness-to-cash.

Under IFRS, Assets and Liabilities in the Statement of Financial