Multiple Choice
According to AASB 102 material information relating to which of the following must be disclosed?
A) The carrying amount of closing inventories included in equity accounted profits.
B) The carrying amount of inventories classified as non-current assets.
C) The aggregate amount of inventory recorded at recoverable amount.
D) The carrying amount of inventories revalued upwards as at the end of the period.
E) None of the given answers.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: Consistent with positive accounting theory,an entity close
Q44: The only difference between the old AASB
Q45: According to AASB 102,one or more of
Q46: Handy Ltd produces a line of brooms.The
Q47: Standard costs are able to be used
Q49: Paris Merchandising Ltd sells ladies skirts.The opening
Q50: The following information relates to the total
Q51: Circle Ltd manufactures polystyrene trays for a
Q52: Balmoral Ltd commenced business on 1 July
Q53: Which of the following is not a