Which of the following disclosures are required under NZ IFRS 13?Question 8Select one:a.the valuation techniques used to measure fair value.b.the level of the fair value hierarchy within which the fair value measurements are categorised.c.quantitative information about the significant unobservable inputs used in the fair value measurementd.all of the options are correct.

Question 91 pts Under AASB 16/IFRS 16 Leases, lessees are required to disclose which of the following? I. Interest expense on lease liabilities II. Income from subleasing right-of-use assets III. Gains or losses arising from sale and leaseback transaction IV. Expenses relating to short-term leases Group of answer choices II, III and IV only. I, II, III and IV only. I, II and III only. I, III and IV only.

Under IFRS, which of the following is a fundamental qualitative characteristic of financial information?a.Relevanceb.Reliabilityc.Comparability

The International Financial Reporting Standards (IFRS) Framework:a.Determines the valuation of human resourcesb.Establishes the standards for inflation accountingc.Regulates the accounting profession worldwided.Provides guidelines for preparing financial statementsClear my choice

The principles in IAS ____________complement the principles for recognizing and measuring financial assets and financial liabilities in IFRS 9, and for disclosing information about them in IFRS 7.

The requirement of IFRS for certain credits, in particular derivatives, to be carried at any value means that the classification of an item as an asset can introduce significant volatility into any results, that would arise if the item were classified as an equity instrument.Select one:TrueFalse