If an Entity Chooses to Apply the Disclosure Exemption in Paragraph

question 7

Multiple Choice

If an entity chooses to apply the disclosure exemption in paragraph 25 of AASB 124, it is still required to do the followings, except:

• A) disclose the nature of the relationship with the government-related entities;
• B) identify the government to which it is related;
• C) the nature and amount of every transaction with government-related entities;
• D) a qualitative or a quantitative indication of the extent of other transactions that are collectively significant.

Grasp key sales activities including representation, information gathering, and market feedback provision.

Comprehend the impact of technology, such as AI and predictive analysis, on sales strategies.

Identify the strategic importance of customer representation within a firm by salespeople.

Recognize the concept and importance of SPIN selling and adaptive selling in personal selling.