AASB 124 Shall Be Applied in Identifying the Following, Except

question 24

Multiple Choice

AASB 124 shall be applied in identifying the following, except for:

• A) insider trading with related parties.
• B) related party relationships and transactions.
• C) circumstances in which disclosures of transactions with related parties are required.
• D) outstanding balances, including commitments, between an entity and its related parties.

---

Definitions:

Windows

An operating system developed by Microsoft that provides a graphical user interface for personal computers.

Running Apps

Applications that are currently active and executing tasks on a computer or mobile device.

Microsoft Office 2013

A version of Microsoft Office, a collection of productivity programs, which introduced new features and a modern interface.

Projects

Planned and structured efforts to achieve a specific goal, involving a series of tasks and resources over time.