Multiple Choice
When items of income and expense are material,and their nature and amount are separately disclosed,this could indicate the existence of:
A) An extraordinary item.
B) An abnormal item.
C) An adjusting item.
D) An unusual item.
E) A major item.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q25: An entity is required in AASB 101
Q26: Which of the following is not a
Q28: An implication of the fact that traditional
Q31: By focusing only on the income statement,we
Q32: A statement displaying components of profit or
Q33: Examples of classification of expenses by their
Q34: The notes to the accounts that relate
Q37: An item must be outside the ordinary
Q47: In establishing the classification of items in
Q67: The income statement under AASB 101 is