Under AASB 101/IAS 1 Presentation of Financial Statements, Profit or Loss

question 20

Multiple Choice

Under AASB 101/IAS 1 Presentation of Financial Statements, profit or loss attributable to non-controlling interests is required to be disclosed in:

• A) an equity statement.
• B) a statement of financial position.
• C) a statement of profit or loss and other comprehensive income.
• D) a statement of cash flows.

---

Definitions:

Receptor Lipids

Lipid molecules that reside in cell membranes and have the capability to bind specific ligands, thereby initiating a cellular response.

Otoliths

Small, calcified structures found within the inner ear of vertebrates, aiding in balance and spatial orientation.

Otolithic Membrane

A structure found in the vestibular system of the inner ear, involved in sensing gravity and motion.

Gravitational Equilibrium

Maintenance of balance when the head and body are motionless.