Which Is Not an Element of Financial Information in the IFRS

question 1

Multiple Choice

Which is not an element of financial information in the IFRS Conceptual Framework?

• A)Other comprehensive income.
• B)Assets.
• C)Income.
• D)Liabilities.

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Definitions:

Hearing Testing

The assessment of a person's ability to hear various sound frequencies, often used to detect hearing impairments.

Prevention

Actions or measures taken to stop something undesirable from occurring, such as illness or accidents.

Congenital Anomalies

Refers to physical or functional malformations that are present from birth, resulting from genetic, environmental, or unknown factors.

Firearm Homicide

The act of deliberately causing the death of another person using a firearm.