Which of the Following Measurement Rules Is Not in Accordance

question 31

Multiple Choice

Which of the following measurement rules is not in accordance with AAS 25 "Financial Reporting by Superannuation Plans"?

• A) Assets of a defined contribution plan and a defined benefit plan is measured at net market values as at the reporting date.
• B) Accrued benefits of a defined contribution plan shall be shown as an amount equivalent to the difference between the carrying amount of the assets and the sum of all other liabilities.
• C) Obligations for accrued benefits of a defined benefit plan are discounted to the present value of expected future payments arising from membership date to reporting date.
• D) Long-term liabilities of a defined benefit plan are discounted to their present value at reporting date.
• E) None of the given answers.

Recognize the leading causes of worker fatalities and the importance of timing in employee safety training.

Identify actions and responsibilities following workplace injuries and the concept of occupational illnesses.

Identify strategies to manage immediate conflicts and violence in the workplace.

Understand the importance of mental health awareness and support in the workplace.

---

Definitions:

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Marginal Cost

The cost of producing one additional unit of a product or service.

Output

The total amount of goods and services produced by an economic system, company, or sector within a certain period.

Marginal Cost

The cost incurred by producing one additional unit of a good or service, which varies depending on the level of production.