Which of the Following Disclosures Are Required Under AASB 118

question 8

Multiple Choice

Which of the following disclosures are required under AASB 118?
I total income, allocated between revenue and other gains
II the accounting policies adopted for revenue recognition
III the amount of each significant category of revenue recognised during the period
IV the amount of revenue arising from exchanges of goods and services.

• A) I and II only
• B) II, III and IV only
• C) I, II and III only
• D) I, II, III and IV

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