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

Multiple Choice

A class of non-current assets as defined by IAS 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.