Which of the Following Items Are Included in a Statement

question 3

Multiple Choice

Which of the following items are included in a statement of changes in equity? I Opening and closing balances.
II Total comprehensive income for the period.
III Gains or losses not recognised in the statement of profit or loss and other comprehensive income.
IV New share issues.
V Dividends paid.

• A) I, II & III only
• B) II, III and IV only
• C) I, IV and V only
• D) I, II, IV and V only

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Definitions:

Maximin Strategy

A decision-making strategy in which the decision-maker aims to maximize the minimum gain or minimize the maximum loss, often used in game theory and decision theory.

Minimum Gain

The least amount of profit or advantage that can be achieved in a given transaction or situation.

Maximum Gain

The highest possible profit or advantage that can be achieved in a particular situation.

Nash Equilibrium

A situation in strategic interactions where each participant's choice is optimal, considering the decisions of others.