An example of a presentation and disclosure-related objective is determining that current and noncurrent receivables are classified, separately, and any factoring or discounting of notes receivable is disclosed.

Question

Quizplus · Accepted Answer

This objective is related to presentation and disclosure of receivables, specifically ensuring that they are classified correctly and any related factoring or discounting is disclosed properly.

An Example of a Presentation and Disclosure-Related Objective Is Determining