As Set Out in IAS 1/AASB 101,there Is a General

question 30

Multiple Choice

As set out in IAS 1/AASB 101,there is a general requirement that the financial statements must provide comparative and corresponding financial disclosures for:

• A)the previous twelve month period
• B)the previous reporting period
• C)the previous three years
• D)the previous five years

---

Definitions:

Fair Hearing

A judicial or quasi-judicial procedure ensuring an unbiased tribunal, notice, an opportunity to be heard, and the right to present and refute evidence.

Harassment

Occurs when a member of an organization treats an employee in a disparate manner because of that person’s sex, race, religion, age, or other protected classification.

Verbal Abuse

The use of words to cause harm to the person being spoken to, including insults, threats, or excessively harsh criticisms.

Employment Equity Act

A Canadian law aimed at eliminating employment barriers for four designated groups: women, Indigenous peoples, persons with disabilities, and members of visible minorities.