Which of the Following Statements Is Incorrect

question 11

Multiple Choice

Which of the following statements is incorrect:

• A) Adjustments for previous periods' intragroup services affect only statement of financial position accounts, but only if the fees have not been paid.
• B) Adjustments for current period intragroup services affect statement of profit or loss and other comprehensive income accounts and statement of financial position accounts if the fees have not been paid and only statement of profit or loss and other comprehensive income accounts otherwise.
• C) It is necessary to have a tax-effect adjustment when adjusting for intragroup services.
• D) Profits/losses on intragroup services are immediately realised to the group.

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Definitions:

Cognitive-behavioral Therapy

A therapeutic approach that addresses maladaptive behaviors and thoughts through systematic procedures, aiming to change patterns of thinking or behavior that underlie people's difficulties.

Psychoanalysis

A therapeutic approach that explores unconscious conflicts and desires, originally developed by Sigmund Freud.

Contextual Therapies

Refers to a range of therapeutic approaches that consider the context or environment in which a person lives and how it impacts their mental health.

IPT Label

Refers to the categorization or identification of Interpersonal Therapy within therapeutic models.