Examlex
According to AASB 1039,in order to provide clear information to shareholders the concise financial report must disclose how many of the following?
.Details of any events occurring after the end of the reporting period
.That the report is an extract only from the full financial report
.The amount of dividends paid and dividends proposed
.Graphs of profits for the last five years
Inflation Rate
The percentage rate of change in price levels over time, often calculated as the annual rate of increase in the Consumer Price Index (CPI).
Adverse Supply Shock
An unexpected event that suddenly decreases supply, potentially increasing prices and decreasing the quantity available for consumers.
Money Supply
At any specified time, the overall financial assets available in an economy, covering cash, coins, and the balances in checking and savings accounts.
Output
The amount of goods or services produced by a company, industry, or economy within a specific period.
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