Appendix B of AASB 3 Requires Disclosure of Which of the Following

question 11

Multiple Choice

Appendix B of AASB 3 requires disclosure of which of the following?
I details of contingent consideration
II the date of exchange
III carrying amounts of assets and liabilities in business combinations where shares are acquired
IV a qualitative description of the factors that make up goodwill

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

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Definitions:

Federal Reserve

The central bank of the United States, responsible for monetary policy, regulation of financial institutions, and ensuring financial system stability.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Annual Dividend

The total amount of dividend payments declared by a company in one year, distributed to shareholders from its earnings.

Stock Price

The cost of purchasing a share of a company on the stock market.