Asked by Tristan Gebbia on Jun 24, 2024
Verified
The information contained within Appendix B of AASB 3/IFRS 3 in relation to disclosure:
A) is not mandatory, but contains optional additional disclosures.
B) is an integral part of AASB 3/IFRS 3.
C) contains prescribed presentation formats for disclosure of business combinations.
D) is complementary to the main disclosure requirements within the body of AASB 3/IFRS 3.
Appendix B
Generally, this term would refer to additional supporting information found at the end of a document, book, or publication, but without a specific context, it is too broad for a unique definition.
Disclosure
The action of making new or secret information known.
AASB 3
An accounting standard detailing the requirements for the accounting of business combinations.
- Comprehend the disclosure requirements as per AASB 3/IFRS 3 and the relevance of Appendix B.
Verified Answer
Learning Objectives
- Comprehend the disclosure requirements as per AASB 3/IFRS 3 and the relevance of Appendix B.
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