Included in a Statement of Changes in Equity Are the Following

question 11

Multiple Choice

Included in a statement of changes in equity are the following items:
I Opening and closing balances.
II Profit or loss for the period.
III Gains or losses not recognised in the statement of profit or loss and other comprehensive income.
IV New share issues.
V Dividends paid.

• A)I,II & III only
• B)II,III and IV only
• C)I,IV and V only.
• D)I,II,IV and V only.

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Definitions:

Decision Trees

A graphical model used in decision making, representing different choices and their possible outcomes, including risks, costs, and benefits.

Payoffs

Refers to the outcomes or results of a decision, strategy, or game, usually measured in terms of profit or loss.

Expected Monetary Values

A calculated average outcome of a decision, considering all possible scenarios and their probabilities and impacts.

Systems Perspective

Viewing and understanding processes or problems as parts of a broader system, emphasizing interrelationships and interactions.