AASB 131 Requires That Contingent Liabilities

AASB 131 requires that contingent liabilities:

A) Arising from jointly controlled operations (only) be disclosed in the financial statements of the venturers regardless of whether or not they are parent entities and so prepare group accounts.
B) Arising from jointly controlled operations and jointly controlled entities be disclosed in the group accounts (only) of the venturers.
C) Arising from joint venture activities be aggregated with all other contingent liabilities.
D) Arising from either jointly controlled entities or jointly controlled operations be separately disclosed.
E) None of the given answers.