The AASB Standards 1-99 Series Includes Those Standards

question 30

Multiple Choice

The AASB Standards 1-99 Series includes those standards:

• A) where the standard has been developed for domestic application and relates specifically to the public or not-for-profit sectors.
• B) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the IASB being the same as that being used by the AASB .
• C) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the AASB 100 on from that being used by the IASB .
• D) where a new IFRS has been issued by the IASB, with the number being used by the IASB being the same as that being used by the AASB .
• E) where a new IFRS has been issued by the IASB, with the number being used by the AASB 100 on from that being used by the IASB .

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Definitions:

Dissociation

A psychological process where a person disconnects from their thoughts, feelings, memories, or sense of identity.

Reduced Startle Response

A diminished reaction to sudden, unexpected stimuli, potentially indicative of familiarity, desensitization, or neurological conditions.

Compulsion

An irresistible urge to behave in a certain way, especially against one’s conscious wishes.

Phobia

A profound and unreasonable dread or dislike towards a specific thing.