In Accordance with AASB 113,which of the Above Option(s)is/are Potentially

question 33

Multiple Choice

In accordance with AASB 113,which of the above option(s) is/are potentially diluting for Navajo Ltd for the year ended 30 June 2009?

• A) I, II and III
• B) I and II
• C) II and III
• D) I only
• E) None of the given answers.

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Definitions:

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method or decision.

Planning Fallacy

The tendency to underestimate the time, costs, and risks of future actions and at the same time overestimate the benefits of the same actions.

Intelligence

The ability to learn from experience, solve problems, and use knowledge to adapt to new situations.

Adapt

The process of making adjustments or changes in oneself or behavior in response to new or altered circumstances.