Which of these is not a suggestion of the IASB/FASB joint project on financial statement presentation?
A)Multiple income statements
B)Separate disclosure of performance and remeasurement
C)The fact that an item is not realised will not preclude it from being included in the income statement
D)All are suggestions

Question

Quizplus · Accepted Answer

The IASB/FASB joint project on financial statement presentation did not suggest multiple income statements; it focused on improving the structure and content of financial statements, including the separation of performance and remeasurement and the inclusion of unrealized items in the income statement.

Which of These Is Not a Suggestion of the IASB/FASB