The disclosures required in AASB 1023 in relation to liabilities for outstanding claims include.
A) The percentage margin adopted in determining the outstanding claims liability.
B) The component related to the risk margin.
C) The central estimate of the expected present value of future payments for claims incurred.
D) The process used to determine the risk margin, including the way in which diversification of risks has been allowed for.
E) All of the given answers.
Correct Answer:
Verified
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