Which of the following would not be considered a 'prior period error' for the purposes of AASB 108?
A) mathematical mistakes
B) fraud
C) misinterpretations of fact
D) none of the given answers

Question

Quizplus · Accepted Answer

Prior period errors include mathematical mistakes, fraud, and misinterpretations of fact. Therefore, all given options are considered prior period errors, making none of the given answers correct as a 'not considered' option.

Which of the Following Would Not Be Considered a 'Prior