Which of the Following Is Not Required to Be Shown

question 51

Multiple Choice

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

• A) Tax Expense.
• B) Revenue.
• C) Share of profit or loss of joint ventures using the equity method.
• D) Profit or loss attributable to minority interests.
• E) Share of profit or loss of joint ventures using the proportional consolidation method.

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Definitions:

First Land Plants

Early plants that began to colonize the land over 470 million years ago, evolving adaptations to survive in terrestrial environments.

Radiometric Dating

Radiometric dating is a technique used to date materials such as rocks or carbon, by determining the relative proportions of particular radioactive isotopes present in the sample.

Isotope Decays

The process by which an unstable atomic nucleus loses energy by emitting radiation, leading to a change in its atomic number or mass.

Half-Life

Characteristic time it takes for half of a quantity of a radioisotope to decay.