Appendix B of AASB 3 Business Combinations Requires Disclosure of Which

question 1

Multiple Choice

Appendix B of AASB 3 Business Combinations 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:

Reconciliation

The process of restoring friendly relations or resolving conflicts between parties.

Ape Populations

Groups of apes living in specific geographic regions, which may be studied to understand aspects of their behavior, genetics, and conservation status.

Physical Differences

Variations in the anatomical characteristics that exist among individuals, populations, or species.

Chimpanzee Hunting

The practice whereby chimpanzees, a species of great ape, organize and collaborate in hunting smaller primates or other animals for food, demonstrating complex behavior and social cooperation.