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Under the Current Accounting Standards,which of the Following Items Is

question 12

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Under the current accounting standards,which of the following items is not included in the measurement of profit in the statement of profit or loss?


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Babies

Very young infants or newborns, usually considered to be under one year of age.

Months

Units of time, typically used in calendars, that roughly correspond to the period of time it takes for the Moon to orbit the Earth, usually divided into twelve periods in a year.

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Practical scientific procedures carried out to investigate chemical reactions and properties.

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