AASB 1039 suggests that some discussion and analysis should accompany concise reports. Which of the following is a suggested discussion item for the statement of cash flows?
A) Main influences of the costs of operations.
B) Causes of significant changes in issued capital.
C) Repayment and servicing of any borrowings.
D) Relationship between debt and equity.

Question

Quizplus · Accepted Answer

AASB 1039 suggests that the discussion and analysis accompanying concise reports should cover, among other things, the statement of cash flows. One of the suggested discussion items for the statement of cash flows is the repayment and servicing of any borrowings. Therefore, option C is the best choice. Options A, B, and D are not directly relevant discussion items for the statement of cash flows according to AASB 1039.

AASB 1039 Suggests That Some Discussion and Analysis Should Accompany