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The Disclosure Requirements of AASB 124 Include

Question 35

Multiple Choice

The disclosure requirements of AASB 124 include:


A) Disclosure of the fair value of a transaction with a related party.
B) Restatement of the transaction to its fair value in the accounts of the entity.
C) Comparative transactions with non-related parties to form a basis for a fair value assessment by users of the accounts.
D) Disclosure of the fair value of a transaction with a related party and comparative transactions with non-related parties to form a basis for a fair value assessment by users of the accounts.
E) None of the given answers.

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