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Are the definitions provided in the study text to be memorised as it is or do we just need to know the meaning of them to answer in exam?
And what about the IFRS and IAS numbers (i.e. IAS 16 PPE)?
do we need to memorise it too?Hi,
You do not need to memorise the IFRS/IAS numbers, not do you need to memorise the definitions. You just need to be able to apply the rules to the scenario given in the exam.
Thanks
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