AASB 101 Presentation of Financial Statements Requires Disclosure of Which

question 46

Multiple Choice

AASB 101 Presentation of Financial Statements requires disclosure of which of the following for each class of share capital?

• A)Par value per share.
• B)The number of shares authorised.
• C)The rights,preferences and restrictions attached to that class.
• D)All of the above.

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Definitions:

Theory Of Profits

An explanation of how profits arise in markets, focusing on factors like risk, investment returns, and the dynamics between revenue and costs.

Taking Risks

The act of engaging in actions or decisions that have a significant chance of leading to loss but also offer potential rewards.

Supply Of Loanable Funds

The total amount of funds available for borrowing in the financial markets, determined by saving behaviors and the influence of interest rates.

Theory Of Profits

A theoretical perspective on economics that examines how profit is generated and distributed in market economies.