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Standard Business Reporting (SBR) is developed as a standard for

Standard Business Reporting (SBR) is developed as a standard for Government Reporting in  Australia. Rather than using XBRL, the Australian Government created its own taxonomy of how  items need to be classified for reporting. The accounting, financial, and payroll software has the SBR  codes applied for all government reporting. Required: 1. Identify how SBR works…

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