Items Not Included in the Operating Profit Calculation Under AASB

question 24

Multiple Choice

Items not included in the operating profit calculation under AASB 101 are:

• A) prior period adjustments
• B) events outside ordinary operations
• C) adjustments due to changes in accounting policies
• D) all of the above

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Definitions:

Cytokinin Levels

Concentrations of plant hormones that promote cell division and shoot formation, influencing plant growth and development.

Auxin

A class of plant hormones that regulate growth and developmental processes, including cell elongation and the direction of growth.

Lateral Bud

A bud that develops on the side of a stem, which can grow into a branch or leaf.

Aggregate Fruit

A type of fruit that develops from multiple ovaries of a single flower, each segment maturing into a smaller fruit segment.