The Definition of Earnings Contained in IAS 33

question 42

Multiple Choice

The definition of earnings contained in IAS 33:

• A)is net profit attributable to ordinary shareholders of the parent entity net of preference dividends.
• B)is net profit excluding earnings attributable to minority interests and measured before the costs of servicing equity other than dividends on ordinary shares are deducted.
• C)is net profit excluding earnings attributable to minority outside equity interests.
• D)excludes any cumulative preference dividends not paid in the period and is measured before the costs of servicing equity other than dividends on ordinary shares are deducted.

---

Definitions:

U.S. Army

A branch of the United States Armed Forces responsible for land-based military operations.

Control Orientation

An individual's inclination towards exercising control or influence over their environment and situations.

Focus of Attention

Refers to the specific interests or activities that an individual or organization prioritizes and concentrates on.

Organizational Culture

The shared values, beliefs, norms, and practices that characterise an organisation, influencing its members' behavior and contributing to the unique social and psychological environment of the organization.