Which Statement Is Correct About the "Net Income Attributable to Ordinary

question 5

Multiple Choice

Which statement is correct about the "net income attributable to ordinary shareholders"?

• A)Other comprehensive income (OCI)is included in this calculation.
• B)Other comprehensive income (OCI)is excluded from this calculation.
• C)Dividends to preferred shareholders are added to the net income.
• D)Dividends to common shareholders are added to the net income

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Definitions:

Beneficiary

A third party receiving benefits from a contract made between two other parties. Also, the person named in an insurance policy to receive benefits paid by the insurer in event of a claim.

Fire Insurance Policy

A contract that provides coverage against losses or damages caused by fire to property.

Premium

The consideration paid by the insured to the insurer for insurance protection.

Water Damage

Water damage refers to the destruction or harm caused to property by water intrusion, which can result from various sources like floods, leaks, or condensation.