AASB 13 Fair Value Accounting Has an Effective Date Of

question 19

Multiple Choice

AASB 13 Fair Value Accounting has an effective date of:

• A) July 2005
• B) July 2011
• C) January 2013
• D) January 2015

---

Definitions:

Illness Anxiety

A condition characterized by excessive worry about having a serious, undiagnosed medical condition, previously known as hypochondriasis.

Body Dysmorphic

A mental disorder involving obsessive focus on a perceived flaw in appearance, often leading to significant distress or impairment in functioning.

Somatic Symptom

Physical symptoms that are experienced and distressing to an individual but cannot be fully explained by a medical condition, often associated with emotional distress.

Posttraumatic Stress

A psychological condition resulting from exposure to traumatic events, characterized by persistent distressing memories, heightened stress responses, and avoidance of trauma-related stimuli.