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.

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Definitions:

Fans

Devotees who express enthusiasm and support for sports teams, celebrities, or entertainment franchises.

Skaters

Individuals who perform on ice skates or roller skates as a sport or recreational activity.

Apostrophes

Apostrophes are punctuation marks used to indicate either possession (e.g., Sarah's book) or the omission of letters in contractions (e.g., don't).

Paycheck

A check issued to an employee in payment for their work.