Under IFRS, Which of the Following Describes How Other Comprehensive

question 124

Multiple Choice

Under IFRS, which of the following describes how other comprehensive income should be reported?

• A)Must be reported in a statement of comprehensive income
• B)Should not be reported in the financial statements, but should only be disclosed in the footnotes
• C)Must be reported in the income statement
• D)Must be reported in the shareholders' equity section of the statement of financial position

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