Items Required to Be Disclosed in Summary Form for Jointly

question 53

Multiple Choice

Items required to be disclosed in summary form for jointly controlled entities are required by AASB 131 to be:

• A) Disclosed separately for each jointly controlled operation in which the reporting entity has an interest.
• B) Provided in a 5-year comparative format.
• C) Used as a basis for calculating key ratios specified in the Standard that are to be disclosed along with the summary statement.
• D) Disclosed in aggregate for jointly controlled entities in which the reporting entity has an interest.
• E) All of the given answers.

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Definitions:

Preventive Care

refers to healthcare practices, such as regular check-ups, screenings, and vaccinations, aimed at preventing diseases before they occur or detecting them early when they are more treatable.

Tracking

The practice of placing students in specific curriculum paths based on their abilities, performance, or aptitudes.

Detracking

The educational strategy of removing tracking systems within schools to provide equal academic opportunities to all students.

High-stakes Testing

Testing systems where significant decisions or outcomes, like graduation or professional certification, depend on the test taker's performance.