Which of the Following Items Are Defined in AASB 118

question 22

Multiple Choice

Which of the following items are defined in AASB 118?

• A) Income
• B) Revenue
• C) Gains
• D) All of the above

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Definitions:

Voting Rights

Legal rights that dictate who is entitled to participate in the electoral process of a democracy or other forms of government, often including age, citizenship, and residency requirements, and historically have been subject to significant struggle and changes.

CORE

The Congress of Racial Equality, an organization dedicated to civil rights in the United States.

SNCC

The Student Nonviolent Coordinating Committee, an important civil rights organization in the 1960s that played a major role in sit-ins, freedom rides, and the March on Washington.

Voting Rights Act

Law passed in the wake of Martin Luther King Jr.’s Selma-to-Montgomery March in 1965; it authorized federal protection of the right to vote and permitted federal enforcement of minority voting rights in individual counties, mostly in the South.