IAS 1/AASB 101 Defines a Complete Set of Financial Statements

question 29

Multiple Choice

IAS 1/AASB 101 defines a complete set of financial statements as comprising:

• A)A balance sheet,a profit and loss report,a statement of cash flows,a director's report
• B)A statement,of financial position,a statement of profit or loss and other comprehensive income for the period,a statement of changes in equity,a statement of cash flows ,notes comprising a summary of accounting policies and other explanatory information
• C)A statement,of financial position,a statement of profit or loss and other comprehensive income for the period,a statement of changes in equity,a statement of cash flows
• D)A statement,of financial position,a statement of profit or loss and other comprehensive income for the period,a statement of cash flows