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Providing Financial Information About Heritage Assets

Question 23

Multiple Choice

Providing financial information about heritage assets:


A) Is important as it will benefit all users.
B) Is a requirement of AAS 29 which appears to be based on the assumption that only financial information is relevant to report users.
C) Will result in wasted resources if demand for such information is limited.
D) Should be done only if the cost of providing the information exceeds the benefits.
E) None of the given answers.

Correct Answer:

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