According to AASB 101 Presentation of Financial Statements,a Required Format

question 7

Multiple Choice

According to AASB 101 Presentation of Financial Statements,a required format for the presentation of a statement of financial position is:

• A)not prescribed and no guidance is provided in the standard
• B)not prescribed but guidance is provided in the standard for a suitable format
• C)prescribed by the standard
• D)not prescribed by the standard but details are found in the Corporations Act.

Distinguish between different types of individuals based on their responses to reward systems (e.g., entitleds, benevolents).

Grasp the principles of expectancy theory and how it influences motivation.

Realize the importance of instrumentality and valence in expectancy theory.

Recognize the significance of goal setting and management by objectives in improving work performance and motivation.