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Business, 28.01.2021 21:50 quickestlearner5694

Under U. S. GAAP, assets are presented in decreasing order of liquidity. Under IFRS, Multiple Choice the current assets are displayed in increasing order of liquidity. investments are listed first in descending order of maturity. a company may present its assets in alphabetical order if it so desires. tangible assets may be presented first followed by the current assets displayed in increasing order of liquidity.

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Under U. S. GAAP, assets are presented in decreasing order of liquidity. Under IFRS, Multiple Choice...
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