Which of the Following Were Born Between 1995 and the Present

question 88

Multiple Choice

Which of the following were born between 1995 and the present?

• A) the baby boomers
• B) Generation Z
• C) Generation Y
• D) Generation X

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Definitions:

Available-for-sale

A classification of financial assets indicating they can be sold in the future, not held to maturity or for trading immediately.

Derecognition

The removal of an asset or liability from a company's balance sheet when it is no longer controlled or owes it.

Financial Assets

Assets that are cash, an equity instrument of another entity, a contractual right to receive cash or another financial asset, or a contract that will or may be settled in the entity's own equity instruments.

AASB 101

The Australian Accounting Standards Board statement that outlines the presentation of financial statements.