Under the AASB Framework Income Is Now Subdivided Into

question 50

Multiple Choice

Under the AASB Framework income is now subdivided into:

• A) Revenues, which only include sales, fees, interest, dividends, royalties and rent; Gains, which are no different in nature to revenue.
• B) Gains, which are regarded as constituting a separate element in the Framework; Revenues, which may only arise in the course of the ordinary activities of the entity.
• C) Revenues, which arise in the course of the ordinary activities of the entity; Gains, which may or may not arise in the course of the ordinary activities of the entity.
• D) Increases in equity referred to as Gains; reductions in liabilities which are classified as Revenues.
• E) None of the given answers.

Explain the preparation of acidic or basic organic solvents.

Understand the principles of colligative properties such as freezing point depression.

Know the spectrum regions and their beginnings.

Understand the principles of High Performance Liquid Chromatography (HPLC) and the elution sequence.

---

Definitions:

Response Deprivation Theory

A theory suggesting that a behavior can become reinforcing when access to that behavior is restricted below its baseline level of occurrence.

Baseline Occurrence

The rate at which a behavior occurs before any intervention or conditioning is applied.

Probability-Differential Theory

The idea that an activity will have reinforcing properties when its probability of occurrence is greater than that of the reinforced activity.

Reinforcing Perception

The process through which the recognition or understanding of sensory information is strengthened, particularly in the context of learning and behavior modification.