Examlex
Which of these statements is true?
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board for global use.
Comprehensive Income
The total change in equity for a reporting period other than transactions from owners, encompassing all gains and losses that are not recognized in the profit or loss.
Retained Earnings Restrictions
Limitations or constraints placed on the amount of retained earnings that can be used for distribution to shareholders, often due to legal, contractual, or company policy reasons.
Treasury Stock
Shares of a company's own stock that it has reacquired from shareholders, not considered a part of the float and not having voting power or dividend rights.
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