Question: The following relates to materiality and aggregation, except a. Each financial statement item should be presented separately in the financial statements. b. Items of dissimilar

The following relates to materiality and aggregation, except

a. Each financial statement item should be presented separately in the financial statements.

b. Items of dissimilar nature or function shall be presented separately.

c. Specific disclosure requirement in a Standard need not be satisfied if the information is not material.

d. Immaterial amounts should be aggregated with amounts of similar nature or function and need not be presented separately.

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