According to AASB 101/IAS 1 Presentation of Financial Statements, a Required

Multiple Choice

According to AASB 101/IAS 1 Presentation of Financial Statements, a required format for the presentation of a statement of financial position is:

A) not prescribed and no guidance is provided in the standard.
B) not prescribed but guidance is provided in the standard for a suitable format.
C) prescribed by the standard.
D) prescribed by the Corporations Act.