Solved

AASB 131 Requires Which of the Following Capital Commitments to Be

Question 53

Multiple Choice

AASB 131 requires which of the following capital commitments to be separately disclosed?

A) Capital commitments arising from joint ventures including those that have been contracted jointly with other venturers.
B) Capital commitments arising from guarantees provided for the liabilities of the other venturers.
C) The share of capital commitments of jointly controlled entities for which the entity will be liable.
D) Capital commitments arising from joint ventures including those that have been contracted jointly with other venturers and the share of capital commitments of jointly controlled entities for which the entity will be liable.
E) All of the given answers.

Correct Answer: