Multiple Choice
Under the Framework and AASB 101
A) revenue arises in the course of ordinary activities
B) there is no test to distinguish ordinary activities from non-ordinary
C) gains are other items of income that may or may not arise from ordinary activities
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: On 1 April 20X1 the directors
Q4: Which of the following could be
Q5: Instead of paying a cash dividend this
Q6: A company carrying accumulated losses can not
Q7: Under AASB 101 the income statement (called
Q9: The dividend equalisation reserve<br>A)is required by AASB
Q10: The Corporations Act does not permit the
Q11: Dividends can be paid from which of
Q12: Which of the following statements is untrue<br>A)dividends
Q13: Instead of paying a cash dividend this