Looking at the Data in This Chart,which Observations Are Correct

question 1

Multiple Choice

Looking at the data in this chart,which observations are correct?
I.The percentage of the population that are undernourished in developing countries has fallen steadily since 1969.
II.The largest decline in undernourished population was in Asia and the Pacific.
III.No region has seen an increase in the undernourished population in any time period after 1969.

• A)I and II
• B)I and III
• C)II and III
• D)I,II,and III

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Definitions:

AASB 116

An Australian accounting standard that outlines the accounting treatment for property, plant, and equipment including recognition, depreciation, and impairment.

Revaluations

The process of adjusting the book value of a capital asset or currency to its current market value.

Property, Plant and Equipment

Long-term tangible assets held for business use and not expected to be converted to cash in the short term.

Class-by-Class Basis

A method of analysis or reporting where items are categorized and evaluated separately in distinct classes or groups.