2) In relation to an asset revaluation surplus, an entity:

Select one:

a. is not able to use this surplus for the payment of future dividends.b. is able to use this surplus for the payment of future dividends.c. is not able to transfer this surplus to any other reserve account.d. can transfer the surplus to current period profit or loss when the asset is disposed of.

3) In relation to 'retained earnings', AASB 101 mandates the following disclosures:

I - Any changes during the reporting period. II - The related tax adjustments in respect to any changes during the period. III - The beginning balance. IV - The balance at reporting date.

Select one:

a. I, II, III and IV.b. II, III and IV only.c. I, III and IV only.d. III and IV only