Multiple Choice
According to AASB 1039,in order to provide clear information to shareholders the concise financial report must disclose how many of the following?
.Details of any events occurring after the end of the reporting period
.That the report is an extract only from the full financial report
.The amount of dividends paid and dividends proposed
.Graphs of profits for the last five years
A) 1
B) 2
C) 3
D) 4
Correct Answer:

Verified
Correct Answer:
Verified
Q1: An income statement prepared for external use
Q3: Under the Corporations Act an overriding requirement
Q4: Under IAS 1/AASB 101 the statement of
Q5: It is <u>not</u true that:<br><br>A)AASB 1039 'Concise
Q6: The approach contained in IAS 1/AASB 101
Q7: A summarised set of financial reports sent
Q8: The statement that is true about concise
Q9: How many of these statements concerning concise
Q10: The 'all-inclusive' profit approach to determining profit
Q11: Under IAS 1/AASB 101 which format is