What Is the Correct Heading on a Statement of Financial

question 2

Multiple Choice

What is the correct heading on a statement of financial position made up to 30 June 2016?

• A) As at 30 June 2016
• B) For the year ended 30 June 2016
• C) For the period ended 30 June 2016
• D) 30^th June 2016

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Definitions:

Patterns

Recurring characteristics or events that are observable in data, nature, or behaviors.

Probability Sampling

A sampling technique in which every member of the population has a known and non-zero chance of being selected.

Simple Random Sampling

A method of selecting a sample from a population in which every member has an equal chance of being chosen.

Purposive Sampling

A non-random sampling technique where subjects are selected based on specific characteristics or qualities, targeting a particular segment.