Which of the following is not arequired disclosure under PAS 1? *The financial effect of a departure from aPFRS when an entity departs from a PFRSrequirement.Any material uncertainties on the entity'sability to continue as a going concern.The recognition, measurement anddisclosure of specific transactions andother events.The reason for using a longer or shorterO period when an entity changes thefrequency of its reporting.

PAS 1 refers to the Philippine Accounting Standards as developed by the PFRS (The Philippine…

Answered: Which of the following is not a…

Business

Accounting

Which of the following is not a required disclosure under PAS 1?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Electronic Health Records, HIPAA, and HITECH

Electronic health records mean maintaining patients’ medical records in an electronic version. Electronic health records are patient-centric records that provide patient information immediately and enable the authorized person to access them. Electronic health records contain the details of patients, treatment details, medical records, radiology reports, and laboratory reports.

Question

Which of the following is not a
required disclosure under PAS 1? *
The financial effect of a departure from a
PFRS when an entity departs from a PFRS
requirement.
Any material uncertainties on the entity's
ability to continue as a going concern.
The recognition, measurement and
disclosure of specific transactions and
other events.
The reason for using a longer or shorter
O period when an entity changes the
frequency of its reporting.

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