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#cfa-level-1 #reading-23-financial-reporting-mechanics
Question
For presentation purposes, assets are sometimes categorized as “[...]” or “ [...] .”
Answer
current

Non-current

Tags
#cfa-level-1 #reading-23-financial-reporting-mechanics
Question
For presentation purposes, assets are sometimes categorized as “[...]” or “ [...] .”
Answer
?

Tags
#cfa-level-1 #reading-23-financial-reporting-mechanics
Question
For presentation purposes, assets are sometimes categorized as “[...]” or “ [...] .”
Answer
current

Non-current
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For presentation purposes, assets are sometimes categorized as “current” or “non-current.”

Original toplevel document

3.1. Financial Statement Elements and Accounts
(e.g., rent, utilities, salaries, advertising) Depreciation and amortization Interest expense Tax expense Losses <span>For presentation purposes, assets are sometimes categorized as “current” or “non-current.” For example, Tesco (a large European retailer) presents the following major asset accounts in its 2006 financial reports: Non-current assets: In

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