A Class of Non-Current Assets as Defined by AASB 116

Multiple Choice

A class of non-current assets as defined by AASB 116 is a category of non-current assets that:

A) Were all purchased at the same time by the reporting entity.
B) All have a similar nature or function in the operations of the entity.
C) Are disclosed as a single item without supplementary dissection in the financial report.
D) All have a similar nature or function in the operations of the entity, and are disclosed as a single item without supplementary dissection in the financial report.
E) All of the given answers.