In the Heading for a Statement of Financial Position Made

question 19

Multiple Choice

In the heading for a statement of financial position made up to 31 December 2020 the date must be stated as:

• A) As at 31 December 2020
• B) For the year ended 31 December 2020
• C) For the reporting period ended 31 December 2020
• D) 31 December 2020

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Definitions:

Sender

In communication, the individual or entity that initiates a message and transmits it to a receiver.

Receiver

Refers to the individual or entity that receives and interprets a message in the process of communication.

Shannon-Weaver

A model of communication introduced by Claude Shannon and Warren Weaver that emphasizes the technical process of transmitting information.

Channel-Source

The origin or point at which a communication message or product begins its journey to the intended audience or market.