Under the simplest sample format provided in the Implementation Guidance accompanying IAS 1/AASB 101, the final line in the statement of profit or loss and other comprehensive income is:
A) profit/loss for the period.
B) total comprehensive income for the period.
C) profit/loss after tax and comprehensive income.
D) profit/loss and other comprehensive income for the period.
Correct Answer:
Verified
Q55: Which approach is contained in IAS 1/AASB
Q56: Which of the following expenses normally
Q57: When might borrowing costs not appear in
Q58: Excluding other comprehensive income in the definition
Q59: The correct heading on a statement of
Q60: Under IAS 1/AASB 101 which of the
Q61: Expenses classified by nature would not include:
A)
Q62: Which of the following expenses do not
Q63: The most commonly preferred term used for
Q64: How many of the following expenses
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents