Which Organisation Is Concerned with Improving Disclosure in Financial Reports

question 17

Multiple Choice

Which organisation is concerned with improving disclosure in financial reports of companies listed on the various exchanges throughout Australia?

• A) Australian Securities Exchange
• B) Australian Stock Exchange
• C) Accounting Standards Board
• D) Australian Companies Exchange

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Definitions:

Dissonance Theory

A theory proposed by Leon Festinger that suggests that inconsistency among beliefs or behaviors causes psychological discomfort (dissonance), leading to efforts to reduce the dissonance.

Innocence

symbolizes the state of being free from guilt or moral wrong, typically attributed to children or in legal contexts where an individual is found not guilty of a crime.

Compliance

The act of conforming, submitting, or adapting one's behavior to align with the demands or requests of others.

Puppy

A young dog, usually one that has not yet reached full adulthood, often characterized by playfulness and curiosity.