The Definition of Earnings Contained in AASB 133

question 43

Multiple Choice

The definition of earnings contained in AASB 133:

• A) Net profit attributable to ordinary shareholders of the parent entity net of preference dividends.
• B) Net profit excluding earnings attributable to minority interests and is measured before the costs of servicing equity other than dividends on ordinary shares are deducted.
• C) Net profit excluding earnings attributable to minority outside equity interests.
• D) Excludes any cumulative preference dividends not paid in the period and is measured before the costs of servicing equity other than dividends on ordinary shares are deducted.
• E) None of the given answers.

---

Definitions:

Product Manual

A document that provides detailed information on a product's features, use, maintenance, and safety instructions.

Customer Testimonials

Endorsements or positive statements made by satisfied customers, showcasing their experiences or outcomes from using a product or service.

Video Conferencing

Video conferencing is a technology that allows people in different locations to hold face-to-face meetings without having to move to a single location physically.

Contingency Plan

A strategy or plan designed to take into account possible future events or conditions that might affect the outcome of a project or situation.