A Business Shows the Following Figures for the Current Financial

question 11

Multiple Choice

A business shows the following figures for the current financial year:
$$\begin{array} { l r } \text { Total assets } & \$ 80.0 \\\text { Total liabilities } & \$ 40.0 \\\text { (a) Long-term debentures } & \$ 2.5 \\\text { (b) Cash on deposit } & \$ 3.5 \\\text { (c) Asset revaluation reserve } & \$ 2.5 \\\text { (d) Provision for doubtful debts } & \$ 3.0\end{array}$$ The items that are least likely to be considered as material are:

• A) (b) and (d)
• B) (a), (c) and (d)
• C) (a), (b) and (c)
• D) (a) and (c)

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Definitions:

Hospice Care

A type of care and philosophy that focuses on the palliation of a chronically ill, terminally ill, or seriously ill patient's pain and symptoms.

Palliative Care

Specialized medical care focused on providing relief from the symptoms and stress of a serious illness, aiming to improve the quality of life for both the patient and the family.

Hospice Care

Specialized care designed to provide support and comfort to people in the last phase of a terminal illness.

Hormone Deficiency

A medical condition resulting from a lack of one or more hormones in the body, which can impact various bodily functions and development.