Under IFRS the Term Reserves Relates to Each of the Following

question 156

Multiple Choice

Under IFRS the term reserves relates to each of the following except

• A) asset revaluations.
• B) contributed (paid-in) capital.
• C) fair value differences.
• D) retained earnings.

---

Definitions:

Predict

To declare or indicate in advance, especially on the basis of special knowledge or inference.

Suffix

A letter or group of letters added at the end of a word to modify its meaning or change it into a different word class.

Supply

The total amount of a product or service that is available for purchase or use.

Limp

Limp describes a type of walking that is uneven or unsteady, usually because of pain or injury to the leg or foot.