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AASB 110 Refers to Subsequent Events That Relate to Conditions

Question 8

Multiple Choice

AASB 110 refers to subsequent events that relate to conditions that have arisen after the reporting date.Such events,if they could influence decision making:


A) must be referred to in a special mail-out to shareholders.
B) need not be accounted for.
C) must be disclosed in a footnote to the financial statements.
D) require adjustments to the figures in the financial statements.

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