Following Are the Items of Income and Expense Recognised During

question 58

Multiple Choice

Following are the items of income and expense recognised during the period by Gordon Field Ltd:
$$\begin{array} { | l | l | } \hline \text { I }&\text { Gains and losses arising from translating the financial statements of a foreign } \\&\text { operation}\\\hline \text { II } & \text { Gains and losses on re-measuring available-for-sale financial assets } \\\hline \text { III } & \text { Gain on sale of property, plant and equipment } \\\hline IV & \text { Actuarial losses on defined benefit pension plans } \\\hline V & \text { Prior period errors discovered } \\\hline VI & \text { Prospective adjustment resulting from a change in accounting estimates } \\\hline\end{array}$$
Which of the following combinations identify all items permitted in AASB 101 Presentation of Financial Statements to be presented under other comprehensive income?

• A) I, II, IV, V and VI
• B) I, II, IV, and V
• C) II, III, V and VI
• D) II, V and VI

---

Definitions:

Lemmatization

Content analysis procedure for grouping words according to a common dictionary definition.

Dictionary Definition

The meaning of a word or phrase as explained in a dictionary, providing a standard interpretation.

Content Analysis

A research technique for the objective, systematic, and quantitative analysis of communication content.

Coding Scheme

A structured set of codes used to standardize the classification of information, facilitating consistent data analysis across different datasets.