The Balance Sheet Approach Adopted in AASB 112

The balance sheet approach adopted in AASB 112:

A) will continue to be used as the alternatives are too simplistic.
B) will only be understood by the very sophisticated financial readers.
C) uses existing statement of financial position data thus reducing record keeping costs.
D) will only be understood by the very sophisticated financial readers and uses existing statement of financial position data thus reducing record keeping costs.