IAS 7 encourages, but does NOT require, the disclosure of:
I the amount of undrawn borrowing facilities that may be available for future operating activities and to settle capital commitments, indicating any restrictions on the use of these facilities
II the aggregate amount of cash flows that represent increases in operating capacity separately from those cash flows that are required to maintain operating capacity
III the amount of the cash flows arising from the operating, investing and financing activities of each reportable segment
IV the name(s) of the entity's banks
A) I, II and IV;
B) II, III and IV;
C) I, III and IV;
D) I, II and III.

Question

IAS 7 encourages, but does NOT require, the disclosure of:
 I the amount of undrawn borrowing facilities that may be available for future operating activities and to settle capital commitments, indicating any restrictions on the use of these facilities
II the aggregate amount of cash flows that represent increases in operating capacity separately from those cash flows that are required to maintain operating capacity
III the amount of the cash flows arising from the operating, investing and financing activities of each reportable segment
IV the name(s) of the entity's banks
A) I, II and IV;
B) II, III and IV;
C) I, III and IV;
D) I, II and III.

Quizplus · Accepted Answer

IAS 7 encourages the disclosure of the amount of undrawn borrowing facilities (I), the aggregate amount of cash flows that represent increases in operating capacity separately from those required to maintain operating capacity (II), and the amount of the cash flows arising from the operating, investing, and financing activities of each reportable segment (III), but it does not require these disclosures. It does not mention disclosing the names of the entity's banks.

IAS 7 Encourages, but Does NOT Require, the Disclosure Of