A Disclosing Entity Is an Entity That

question 12

Multiple Choice

A disclosing entity is an entity that

• A)discloses the basis on which their financial reports are prepared
• B)issues securities that are quoted on a stock market or made available to the public via a prospectus
• C)is exempt under the Corporations Act 2001 from applying the AASB accounting standards
• D)is involved in the accounting standard setting process

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Definitions:

Precontemplation Stage

The stage in the Transtheoretical Model of Change where the individual is not yet considering change or is unaware of the need to change.

Chain Smoker

An individual who smokes cigarettes successively, frequently lighting the next cigarette with the previous one.

Action Stage

A phase in the Transtheoretical Model of behavior change where individuals apply specific strategies to engage in new behaviors.

Marijuana Addiction

A condition where an individual becomes dependent on marijuana, facing difficulty in controlling its use despite negative consequences.