Which of the Following Is Included in the Statement of Changes

question 33

Multiple Choice

Which of the following is included in the statement of changes in equity?

• A)Share issues
• B)Changes to reserves
• C)Changes to retained profits
• D)All of the above

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Definitions:

Unearned Sales Revenue

Money received by a company for goods or services yet to be delivered or performed.

Depreciable Asset

An asset subject to depreciation, representing the decline in value over time due to use, wear and tear, or obsolescence.

Investing Activities

Financial activities related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Operating Activities

Activities that constitute the primary or main activities of a business, such as sales and service delivery, which are reflected in the company's cash flow.