If a Parent Entity Chooses Not to Prepare Consolidated Financial

question 17

Multiple Choice

If a parent entity chooses not to prepare consolidated financial statements,AASB 127 Separate Financial Statements,requires the following disclosures in the separate financial statements of the parent:
I The name,country of residence and voting power of the directors of the parent.
II That the exemption from consolidation has been used.
III A list of significant investments including the proportion of ownership.
IV A description of the method used to account for the investments.

• A)I,II and IV only
• B)II,III and IV only
• C)II and III only
• D)IV only.

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Definitions:

SMART Goals

Stands for Specific, Measurable, Achievable, Relevant, and Time-bound goals, embodying a criterion for setting clear and attainable objectives.

Intrinsic And Extrinsic Rewards

Internal satisfaction and external benefits, respectively, received from engaging in a task or activity.

Employee Assistance And Wellness Programs

Services offered by employers to support the mental, physical, and emotional health of employees, often including counseling and health resources.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.