Which Category of Revenue Listed Does Not Require Separate Disclosure

question 21

Multiple Choice

Which category of revenue listed does not require separate disclosure under IAS 18/ AASB 118?

• A) Revenue from the rendering of services
• B) Royalties
• C) Dividends received
• D) Rents received

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Definitions:

Ethical Behaviour

The practice of conducting oneself according to recognized moral principles, ensuring actions are right and good.

Cultural Context

The social, religious, economic, and political conditions that affect the interpretation and implementation of ideas, behaviors, and communications.

Ethical Dilemma

A situation in which a decision must be made between two or more morally correct actions that are in conflict.

Discrimination

Unfair treatment of individuals based on their membership in certain groups, such as race, gender, or age.