Which of the Following Does Not Require Disclosure in an Entity's

question 4

Multiple Choice

Which of the following does not require disclosure in an entity's accounting policy note?

• A)the financial reporting framework applied in the preparation of the financial statements
• B)the measurement bases used in the preparation of the financial statements
• C)the fact that the entity has adopted the accruals basis of accounting
• D)a description of the key accounting policies of the entity

---

Definitions:

Zygotes

The initial cell formed when a new organism is conceived, resulting from the union of sperm and egg cells.

Genomes

The complete set of genes or genetic material present in a cell or organism, encoding for its development, function, and reproduction.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Scaffold

A framework that offers children temporary support as they develop higher levels of thinking.