Under IAS 1/AASB 101 Which of the Following Is Most

question 31

Multiple Choice

Under IAS 1/AASB 101 which of the following is most likely to be classified as a non-current asset?

• A) Goodwill
• B) Deferred tax
• C) Inventories
• D) Long-term borrowings

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Definitions:

Unconscious Mental Processes

Mental processes that occur without conscious awareness, influencing perceptions, feelings, thoughts, and behaviors.

Center of Personality

The core or essential aspects that define a person's character, often seen as the integration of thoughts, feelings, and behaviors.

Environmental Influences

The various external factors that can impact an individual's behavior, development, and life outcomes, including social, cultural, and physical environments.

Narcissistic Trait

A personality characteristic involving an inflated sense of self-importance, need for admiration, and lack of empathy for others.