The following are material events that occurred for Fraser Island Ltd between the reporting date and the date when the financial report is authorized for issue. Which of the following options identify all the non-adjusting events for Fraser Island Ltd,in accordance with AASB 110 "Events after the reporting date"?
A) I, II, III and VI;
B) I, II and V;
C) II, III and V;
D) III, IV and VI;
E) IV, V and VI.

Question

The following are material events that occurred for Fraser Island Ltd between the reporting date and the date when the financial report is authorized for issue.  Which of the following options identify all the non-adjusting events for Fraser Island Ltd,in accordance with AASB 110 "Events after the reporting date"?
A) I, II, III and VI; 
B) I, II and V; 
C) II, III and V; 
D) III, IV and VI; 
E) IV, V and VI.

Quizplus · Accepted Answer

The Answer of The following are material events that occurred for Fraser Island Ltd between the reporting date and the date when the financial report is authorized for issue.  Which of the following options identify all the non-adjusting events for Fraser Island Ltd,in accordance with AASB 110 "Events after the reporting date"?
A) I, II, III and VI; 
B) I, II and V; 
C) II, III and V; 
D) III, IV and VI; 
E) IV, V and VI.

The Following Are Material Events That Occurred for Fraser Island