Multiple Choice
Which of the following do NOT need to be disclosed in financial statements?
A) details concerning revaluations
B) cost and accumulated depreciation by major classes of assets
C) a description of the enterprise's accounting policies with respect to depreciation/amortisation
D) reasons for assets not being revalued.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Use the information below to answer the
Q3: Use the information below to answer the
Q4: Which of the following should NOT be
Q6: Use the information below to answer the
Q8: Using the straight-line method,what is the amount
Q9: Where there is an asset revaluation increment
Q10: Equipment that cost $500 000 and had
Q11: Use the information below to answer the
Q12: Use the information below to answer the
Q32: X buys Y for $1 million.The fair