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AASB 119 Requires Which Items to Be Recorded at Their

Question 69

Multiple Choice

AASB 119 requires which items to be recorded at their discounted amounts?


A) annual leave and sick leave if they are expected to be settled after 12 months have elapsed from the reporting date.
B) cumulative sick leave that has accrued for longer than 12 months.
C) wages and salaries.
D) none of the given answers

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