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Interpreting Financial & Accounting Information (CGI) 2023 > 4.7 Reporting the substance of transactions > Flashcards

4.7 Reporting the substance of transactions Flashcards

1
Q

What is meant by the “substance” of transactions?

A

The economic benefits or losses associated with a transactions.

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Interpreting Financial & Accounting Information (CGI) 2023 (161 decks)

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