According to IAS 2 Material Information Relating to Which of the Following

question 37

Multiple Choice

According to IAS 2 material information relating to which of the following must be disclosed?

• A)the carrying amount of closing inventories included in equity accounted profits
• B)the carrying amount of inventories classified as non-current assets
• C)the aggregate amount of inventory recorded at recoverable amount
• D)the carrying amount of inventories revalued upwards as at the end of the period

---

Definitions:

Aggregate U.S. Health Care Spending

The total amount of money spent on health care services in the United States over a specified period.

GDP

Gross Domestic Product; the total market value of all goods and services produced within a country in a specific time period.

U.S. Health Care System

A complex organization of doctors, hospitals, insurance companies, and regulatory agencies providing health care services within the United States.

Financing Of Health Care

The methods and sources for funding the operation of healthcare systems and services.