IFRS Requires All of the Following When Classifying Receivables Except

question 9

Multiple Choice

IFRS requires all of the following when classifying receivables except

• A) Indicate the receivables classified as current and non-current in the statement of financial position.
• B) Disclose any receivables pledged as collateral.
• C) Disclose all significant concentrations of credit risk arising from receivables.
• D) All of these answer choices are required by IFRS when classifying receivables.

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