Which of the Following Statements Is Incorrect with Respect to AASB

Multiple Choice

Which of the following statements is incorrect with respect to AASB 110 "Events after the reporting date"?

A) An entity shall adjust the amounts recognised in its financial statements to reflect adjusting events after the reporting date.
B) If an entity declares dividends to holders of equity instruments after the reporting date, the entity shall not recognise those dividends as a liability at the reporting date.
C) An entity may prepare its financial statements on a going concern basis if management determines after the reporting date that it intends to go on voluntary liquidation.
D) An entity shall not adjust the amounts recognised in its financial statements to reflect non-adjusting events after the reporting date.
E) An entity should disclose by way of a note to the financial statements adjusting events that cannot be quantified.