AASB 101's Definition of Current Assets and Further Discussion at Paragraph

Multiple Choice

AASB 101's definition of current assets and further discussion at paragraph 59 will:

A) Simplify the recognition of current assets.
B) Require greater professional judgement in order to determine an entity's normal operating cycle.
C) Improve analysts' decisions as ratios which use current assets will use the same information.
D) Have implications for assessing the liquidity of entities as current assets will now include fewer items.
E) None of the given answers.