AASB 101 Requires the Following Items to Be Disclosed Separately

question 23

Multiple Choice

AASB 101 requires the following items to be disclosed separately in the statement of profit or loss and other comprehensive income:
I Cost of sales.
II Revenue.
III Finance costs.
IV Share of the profit or loss from associates.
V Tax expense relating to extraordinary events.
VI Tax expense relating to ordinary activities.
VII Profit or loss.

• A) I, II, VI and VII only
• B) I, II, III and V only
• C) II, III, IV, VI and VII only
• D) I, III, V and VII only.

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Definitions:

Temperament

Innate aspects of an individual's personality, such as sensitivity, moods, and activity levels, that are evident from a young age.

Young Adulthood

A stage of human development that typically ranges from the late teens to early thirties, characterized by exploration of personal and professional life paths.

Birth Order

A concept that suggests the order in which a child is born within their family impacts their personality and psychological development.

Stable Personality Characteristics

Enduring traits or qualities that define an individual's behavior across different situations and over time.