IAS 1 requires the following items to be disclosed separately in the statement of profit or loss and other comprehensive income:
I Cost of sales.
II Revenue.
III Finance costs.
IV Share of the profit or loss from associates.
V Tax expense relating to extraordinary events.
VI Tax expense relating to ordinary activities.
VII Profit or loss.
A) I, II, VI and VII only
B) I, II, III and V only
C) II, III, IV, VI and VII only
D) I, III, V and VII only.

Question

Quizplus · Accepted Answer

IAS 1 requires separate disclosure of revenue, finance costs, share of the profit or loss from associates, tax expense relating to ordinary activities, and profit or loss in the statement of profit or loss and other comprehensive income.

IAS 1 Requires the Following Items to Be Disclosed Separately