Separate Disclosure,on the Face of the Statement of Financial Position,is

question 20

Multiple Choice

Separate disclosure,on the face of the statement of financial position,is required under AASB 101 paragraph 54 for:

• A) trade and other receivables
• B) inventories
• C) provisions
• D) all of the above

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Definitions:

WACC

The Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new factory, worthwhile.

Division A

A segment or branch of a company that operates independently with its own set of management and objectives but is still legally tied to the parent corporation.

Division B

Generally refers to a specific unit or section within a larger organization, allocated for managing a particular set of tasks or responsibilities.