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v Question Completion Status Moving to the next question prevents changes to thi

ID: 2330975 • Letter: V

Question

v Question Completion Status Moving to the next question prevents changes to this answer Question 4 The notes to the accounts that relate to income and expense should include: O only commentary on issues covered by AASB 101 O a variety.of information that incorporates the disclosures required in all standards related to income and expenses o only information that would have resulted in a different profit or loss figure if it had been included on the face of the statement. o only items that were deemed non-material when selecting items to place on the face of the accounts. Moving to the next question prevents changes to this answer

Explanation / Answer

Solution:

The notes to the accounts that relate to income and expense should include "A variety of information that incorporates the disclosures required in all standards related to income and expenses"

Hence 2nd option is correct.