Which of the Following Is Not True About Information Presented

Multiple Choice

Which of the following is not true about information presented in the statement of financial position or in the notes?

A) An entity will disclose further subclassifications of the line items based on the requirements of IFRS as well as the size, nature, and function of the amounts involved.
B) An example of subclassification for Property, Plant, and Equipment is "land and buildings."
C) Entities with share capital will disclose the number of shares authorized, issued and fully paid, and issued but not fully paid
D) Entities without share capital (such as partnerships and trusts) are not required to make any disclosures.