According to AASB 3/IFRS 3 Business Combinations, the Key Principle

Multiple Choice

According to AASB 3/IFRS 3 Business Combinations, the key principle relating to the disclosure of information about business combinations is to disclose information that:

A) enables financial statement users to evaluate the nature and financial effect of business combinations that occurred during the reporting period.
B) enables the preparation of the consolidated financial statements in the most cost-effective manner.
C) does not give an advantage to the competitors of a consolidated group.
D) provides financial statement users with information about the parent entity only.