The most correct answer is C.

Question: Question 2 choose the most correct answer (20) 2.1 IAS 1 lists certain line-items that should be presented in the statement of financial position and provides guidance regarding whether to present additional items separately. Deciding if additional items need to be presented involves an assessment of:___________. A. the nature, liquidity and function of assets and liabilities. B. the amount, nature, liquidity and function of assets and liabilities. C. the amount, nature, liquidity and function of assets and the amount and nature of liabilities. D. the amount, nature, liquidity and function of assets and the amount, nature and timing of liabilities. E. the nature, liquidity and function of assets and the amount nature and timing of liabilities .