One Recognised Approach to Reducing the Level of Debt That

question 44

Multiple Choice

One recognised approach to reducing the level of debt that has been adopted in the past was to:

• A) attempt to report the debt as equity, often in the form of preference shares.
• B) create reserves and draw on them later as a source of funding.
• C) treat as many liabilities as possible as provisions.
• D) record liabilities as an increase in cash and a decrease in revenues.

---

Definitions:

Environmental Scanning

The process of gathering, analyzing, and interpreting information about external factors that can affect an organization's future.

Invisible Disabilities

Disabilities that are not immediately apparent to others, such as chronic illnesses, mental health disorders, and neurological conditions.

Designated Group

Specific categories of individuals identified for targeted initiatives or policies, often concerning diversity, equity, and inclusion efforts within organizations.

Global

Pertaining to or involving the entire world; embracing all aspects of international relations, culture, and economic development.