Which of the Following Is Not Required to Be Shown

question 55

Multiple Choice

Which of the following is not required to be shown on the face of the statement of comprehensive income?

• A) tax expense
• B) revenue
• C) share of profit or loss of associates and joint ventures using the equity method
• D) share of profit or loss of associates and joint ventures using the proportional consolidation method

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Definitions:

Environmental Change

The alteration of the environment due to natural processes or human activities.

Sparse Resources

Refers to limited or scarce natural assets or commodities that are not abundant enough to meet demand.

Geologic Timescale

A chronological dating system that associates geological layers with specific periods in time, employed to characterize historical events on Earth.

Precambrian

Precambrian describes the vast time period in Earth's history before the emergence of the Cambrian period, characterized by the formation of the Earth's crust and very early life forms.