Ocean Company Follows IFRS for Its External Financial Reporting

question 55

Short Answer

Ocean Company follows IFRS for its external financial reporting. Which of the following methods of reporting are acceptable under IFRS for the items shown?

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Definitions:

Contact Window

A section in communication software where user contacts are displayed and can be interacted with.

Account Settings

Options available to a user for managing their personal or service account information and preferences.

Remove Account

The process of deleting a user's account and its associated data from a platform, system, or service.

Delete Account

The process of permanently removing a user's profile and data from a platform or service.