According to AASB 121, All the Following Items Are 'Monetary

question 18

Multiple Choice

According to AASB 121, all the following items are 'monetary items' except for:

• A) borrowings €60 000.
• B) trade payable of ₤100 000.
• C) trade receivable of US$24 000.
• D) shares held in BHP Ltd listed on the ASX.

---

Definitions:

Infant-Toddler

Refers to children in the age range from birth up to 3 years, emphasizing a critical period for development and learning.

Temperament

An individual's inherent personality characteristics, often evident from infancy and influencing behavior, mood, and emotional responses.

Expectations

Anticipated or hoped-for outcomes in a given situation, which can influence individuals' behaviors and attitudes.

Mismatch

A situation or condition where there is a lack of alignment or compatibility.