Examlex
Which of the following statements is true of the operations group in an organization's IS department?
Other Comprehensive Income
Other comprehensive income includes revenues, expenses, gains, and losses that are not included in net income and are directly recorded to equity, reflecting the company's total comprehensive income.
AASB 127
A standard issued by the Australian Accounting Standards Board that deals with consolidated and separate financial statements.
Indirect Non-Controlling Interest
An ownership interest in an entity that is held through another entity, not directly by the owners.
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