Exam 15: Disclosure: Presentation of Financial Statements

An entity is required to classify its assets and liabilities as current or non-current unless it is considered more relevant to present them according to their:

Which of the following items must be presented as a line item on the face of a statement of financial position?

Interest and other costs incurred by an entity in connection with borrowing funds are known as:

Which of the following statements is not correct in relation to corporate social responsibility (CSR)reporting?

Which of the following is not required to be displayed prominently in the financial statements?

AASB 101 Presentation of Financial Statements requires disclosure of which of the following for each class of share capital?

Asset,liability and equity items are summarised in the:

Which of the following is not required to be disclosed in the statement of financial position as a line item?

Auditor remuneration only includes amount paid or payable to the auditor in relation to an audit or review of the entity's financial statements.

Under AASB 101 Presentation of Financial Statements,profit or loss attributable to non-controlling interests is required to be disclosed in: