Which of the Following Statements Is Incorrect

question 35

Multiple Choice

Which of the following statements is incorrect?

• A) the effects of intragroup transactions need to be eliminated in full.
• B) the effects of intragroup transactions that need to be eliminated are those related to the current profit.
• C) the adjustments for the elimination of the effects of intragroup transactions may need to be repeated in subsequent periods.
• D) the effects of intragroup transactions are recognised in the individual statements of financial position and/or the individual statements of comprehensive income.

---

Definitions:

Post-traumatic Stress Disorder

A syndrome linked to mental health, initiated by the direct experience or observation of a traumatic event, with symptoms including replaying the event, bad dreams, and significant anxiety.

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states or identities within a single individual, often a result of severe trauma.

Somatoform Disorder

A mental disorder characterized by physical symptoms that cannot be fully explained by a general medical condition, substance use, or another mental disorder.

Bipolar Disorder

A mental disorder marked by extreme mood swings from manic highs to depressive lows.