AAS 25's Argument in Support of Its Selected Method of Measuring

question 29

Multiple Choice

AAS 25's argument in support of its selected method of measuring assets for superannuation plans is that:

• A) Reliability is important to members of a plan because they are relying on the plan for income in their retirement.
• B) It is more relevant to the users.
• C) Using a market measure introduces subjectivity into the financial reports.
• D) Reliability is important to members of a plan because they are relying on the plan for income in their retirement and it is more relevant to the users.
• E) None of the given answers.