Which of the Following Statements Is Incorrect

question 7

Multiple Choice

Which of the following statements is incorrect?

• A)AASB 3 allows a period of time for the acquirer to obtain the information necessary to adjust,if necessary,any provisional estimates originally made
• B)provisional estimates may relate to the consideration transferred for the acquiree
• C)it may be necessary for an entity to make provisional estimates when initially recording a business combination in its accounts
• D)adjustments to provisional amounts for identifiable assets and liabilities are generally recognised through a revenues or expense in the profit and loss

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Definitions:

Face-To-Face Interactions

Direct interaction between two or more individuals where they are physically present in the same location, allowing for immediate feedback and nonverbal communication.

Strangers

Individuals who are unknown or unfamiliar to one another, often lacking any direct personal connection or acquaintance.

Ainsworth Strange Situation

A sequence of staged episodes that illustrate the strength of attachment between a child and (typically) his or her mother.

Secure Attachment Assessment

The evaluation of an individual's ability to form healthy and resilient relationships, based on feelings of security and trust.