The Statement of Changes in Equity

question 40

Multiple Choice

The statement of changes in equity:

• A) Presents, either on the face of the statement or in the notes, the amounts of transactions with equity holders as equity holders.
• B) Is identical to the statement of recognised income and expense.
• C) Is the same as that required under the former AASB 1018.
• D) Provides a reconciliation between the expenses outstanding at the start of the period and those outstanding at the end of the period.
• E) None of the given answers.

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Definitions:

Posterior Probabilities

The revised probabilities of scenarios or hypotheses being true, adjusted after taking into account new evidence or information.

Conditional Probabilities

The probability of an event occurring given that another event has already occurred.

Proper Sample Space

The set of all possible outcomes of a statistical experiment.

Intersection

In mathematics, the set containing all elements that are common to two or more sets.