The IASB Conceptual Framework for Financial Reporting (As Released in 2010),requires

question 10

Multiple Choice

The IASB Conceptual Framework for Financial Reporting (as released in 2010) ,requires that general purpose financial reports disclose information that is:

• A) relevant to the assessment of profit, funding and investing, and compliance.
• B) relevant to the assessment of financial and social performance, financial position and funding and investing, and includes information about compliance.
• C) relevant to the assessment of performance, financial position and funding and investing, including information about compliance.
• D) relevant to the assessment of performance, financial position and cash flows.

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Definitions:

Make-Table Query

A database query that creates a new table and populates it with data selected from one or more other tables.

Append Query

In database management, a type of query that adds records from one or more sources to the end of one or more tables.

Update To

Refers to the process of installing the latest version of software or firmware to improve functionality or fix issues.

Totals Row

A row at the end of a table or spreadsheet that provides summation, average, count, or other aggregate functions of the data in each column.