The Information Contained Within Appendix B of AASB 3/IFRS 3

question 47

Multiple Choice

The information contained within Appendix B of AASB 3/IFRS 3 Business Combinations in relation to disclosure:

• A) is an integral part of AASB 3/IFRS 3 containing application guidance.
• B) is not mandatory, but contains optional additional disclosures.
• C) contains prescribed presentation formats for disclosure of business combinations.
• D) is complementary to the main disclosure requirements within the body of AASB 3/IFRS 3.

---

Definitions:

Variance

A measure of the dispersion or spread of a set of data points, indicating how far each data point lies from the mean.

Consistency

refers to the property of an estimator in which, as the sample size increases, it converges in probability to the parameter it estimates.

Interval Estimator

An interval estimator provides a range of values, defined by an upper and lower bound, that is likely to contain the population parameter of interest.

Sample Mean

The average of a subset of numbers from a larger set, representing the central tendency of that subset.