The Period Covered by AASB 110 "Events Occurring After Balance

question 29

Multiple Choice

The period covered by AASB 110 "Events occurring after balance sheet date" is from?

• A) date of the report to date of release to shareholders.
• B) reporting date to date financial report is authorised for issue.
• C) balance date to reporting date.
• D) balance date to date financial reports are presented to the board of directors.
• E) None of the given answers.

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Definitions:

Concise

The quality of expressing or covering much in few words, without unnecessary elaboration or redundancy.

Confusing

Lacking clarity or easy understanding; capable of causing someone to feel bewildered or perplexed.

Exact Statistics

Precise numerical data that quantitatively describe specific aspects of a study or research findings.

Rounded Off

The process of adjusting a number to the nearest value, often to make it simpler or more comprehensible.