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Which TWO of the following would be the primary disadvantages of producing the disclosures required in IFRS12 Disclosure of Interests in Other Entities?
Suggested Answer: A, B
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13 comments · newest first
NO
Novella
12 months ago
Wait, they actually have to audit those disclosures? That's wild!
LO
Louann
12 months ago
D is a disadvantage? I thought it was good to highlight risks!
DA
Daniel
1 year ago
I’m not sure about C, isn’t that just part of business?
MA
Makeda
1 year ago
Totally agree, the costs can really add up!
LA
Lavina
1 year ago
A and B seem spot on.
AL
Alesia
1 year ago
I practiced a question similar to this, and I think D is more about risks, which might not be a disadvantage.
DE
Deeanna
1 year ago
I'm not entirely sure, but I feel like C could be a concern about revealing sensitive info to competitors.
KA
Karima
1 year ago
I think B makes sense too, since the costs of disclosures can really impact shareholder value.
MA
Mattie
1 year ago
I remember discussing how too much information can overwhelm users, so A might be a good choice.
LU
Ludivina
1 year ago
Okay, I've got this. The operating break-even point is where total revenue equals total costs, and if the selling price per unit increases, you'd need to sell fewer units to reach that point. So the answer has to be A, the operating break-even point will fall.
SI
Silvana
1 year ago
This seems pretty straightforward. I'll just need to identify the values that cover the most boundary conditions.
HA
Halina
1 year ago
I think option B is really tricky. I remember studying that we shouldn't interact with the computer before seizing it, but I’m not entirely sure.
SY
Sylvia
1 year ago
For some reason, I keep mixing up which factors negatively affect the estimation. Was it II. and III. or II. and IV.? I can't recall exactly.