As Set Out in IAS 1/AASB 101, All of These

question 48

Multiple Choice

As set out in IAS 1/AASB 101, all of these are general requirements that apply to annual reports except:

• A) There must be a description of the entity's operations and its principal activities.
• B) Comparative figures for the previous reporting period must be disclosed.
• C) The reporting date or period covered by each financial statement must be included.
• D) A list of all the accounting standards followed must be included.

---

Definitions:

Surveys

A method of collecting data from a predefined group of respondents to gain information and insights on various topics of interest.

Hypotheses

Propositions set forth for testing, to be accepted or rejected based on evidence from statistical analysis.

Confidence Interval

A sweep of values, pulled from statistical evaluations of samples, likely to carry the value of a hidden population parameter.

Finite Population

A population set with a limited number of elements or members, making it possible to enumerate its elements.