According to AASB's Interpretation 1031 How Many of These Statements

question 26

Multiple Choice

According to AASB's Interpretation 1031 how many of these statements relating to the treatment of GST in the statement of cash flows are true?
A.All GST outlays and GST collections are regarded as effecting operating activities
B.Cash flows from operating activities are reported at gross amounts inclusive of GST
C.Cash flows from investing activities are shown net of GST,with GST on investing activities included as part of operating activities

• A)0
• B)1
• C)2
• D)3

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Definitions:

Allen-Bradley Controllers

Allen-Bradley Controllers are industrial automation devices produced by Rockwell Automation, used for controlling machinery and processes.

Driver

Software or firmware that allows higher-level computer programs to interact with a hardware device.

Communications Protocol

A set of rules and conventions for sending information over a network, ensuring interoperable and secure data transfer between devices.

Transmitting Data

The process of sending data from one place to another through various mediums, such as cables, radio waves, or internet protocols.