A Set of Financial Statements Prepared in Accordance with AASB

question 25

Multiple Choice

A set of financial statements prepared in accordance with AASB 101 comprises:
I. A statement of cash flows.
II. A statement of financial position.
III. A statement of changes in equity.
IV. A statement of profit or loss and other comprehensive income.
V. Notes.

• A) I, II, and IV only
• B) I, II, III, IV and V.
• C) I, III and IV only
• D) I, II, III and IV only

---

Definitions:

Rejection

The act of being dismissed or refused acceptance, love, recognition, or acknowledgment by others.

Coping Strategy

Techniques or methods employed by individuals to manage stress, emotional discomfort, or adversity, which can be adaptive or maladaptive.

Detachment

A state of emotional disengagement or withdrawal from previously engaging activities or relationships.

Moving Against People

An approach or behavior typified by antagonism or opposition toward others, often examined in psychology.