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According to AASB 101 Presentation of Financial Statements,a Required Format

Question 1

Multiple Choice

According to AASB 101 Presentation of Financial Statements,a required format for the presentation of a statement of financial position is:


A) not prescribed and no guidance is provided in the standard.
B) not prescribed but guidance is provided in the standard for a suitable format.
C) prescribed by the standard.
D) prescribed by the Corporations Act.

Correct Answer:

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