Under AASB 101,which of These Items Need Not Be Disclosed

question 22

Multiple Choice

Under AASB 101,which of these items need not be disclosed separately on the face of the 'statement of profit or loss and other comprehensive income'?

• A) Income tax expense
• B) Bad and doubtful debts
• C) Finance costs
• D) None of the above, i.e., all must be disclosed separately on the face of the income statement

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Definitions:

Anorexia

An eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to self-imposed starvation and excessive weight loss.

Bulimia

An eating disorder marked by binge eating followed by purging to prevent weight gain.

Eating Disorder

Mental disorders defined by abnormal or disturbed eating habits that negatively affect a person's health or well-being.

Healthy Weight

A state in which an individual's body mass index (BMI) falls within a range deemed supportive of overall health and well-being, taking into account factors like age, sex, and bone structure.