When the legislation that creates a public sector entity also specifies particular accounting methods to be used or disclosures to be made,these requirements:
A) are in addition to those required by AASB's
B) allow the government entity to select the method that best reflects the economic circumstances
C) are superceded by the requirements of AASB standards
D) may be disregarded if the requirements of AASB 101 are met
Correct Answer:
Verified
Q1: The main issues relating to the recognition
Q2: In Australia,postal services and police services would
Q3: Government departments should be classified as 'reporting
Q4: Compare government financial statistics with the general
Q5: Compare and contrast the main features of
Q7: All of these are current differences between
Q8: The Australian federal government should report regularly
Q9: Rowles (1992)concludes that there is no difference
Q10: When a Government Trading Enterprise is restructured
Q11: AASB 1052 requires:
A) local governments to disclose
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