问题详情

FaithfulrepresentationisafundamentalcharacteristicofusefulinformationwithintheIASB’sConceptualframeworkforfinancialreporting.
Whichofthefollowingaccountingtreatmentscorrectlyappliestheprincipleoffaithfulrepresentation？
A.Reportingatransactionbasedonitslegalstatusratherthanitseconomicsubstance
B.Excludingasubsidiaryfromconsolidationbecauseitsactivitiesarenotcompatiblewiththoseoftherestofthegroup
C.Recordingthewholeofthenetproceedsfromtheissueofaloannotewhichispotentiallyconvertibletoequitysharesasdebt(liability)
D.Allocatingpartofthesalesproceedsofamotorvehicletointerestreceivedeventhoughitwassoldwith0%(interestfree)finance

请帮忙给出正确答案和分析，谢谢！