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Hello Open tuition
Could you please assist me to distinguish a few terms
Financial asset vs monetary asset
Similarly…
Non-financial asset vs non-monetary asset
Thank you
FA = shares + debt + derivatives
MA – as above except sharesNFA / NMA = anything except the above.
🙂
Thank you for the examples, sir.
Could you please provide me with more guidance as i am still not sure if i can tell the difference by only cramming the examples.
Thank you.
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