In Relation to 'Retained Earnings', IAS 1 Presentation of Financial

question 10

Multiple Choice

In relation to 'retained earnings', IAS 1 Presentation of Financial Statements mandates the following disclosures:
I) Any changes during the reporting period.
II) The related tax adjustments in respect to any changes during the period.
III) The beginning balance.
IV) The balance at reporting date.

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

---

Definitions:

Antimiscegenation Laws

Historical laws that prohibited marriage or cohabitation between persons of different races, often aimed at maintaining racial purity.

Montgomery Bus Boycott

A significant event in the American civil rights movement where African Americans in Montgomery, Alabama, boycotted the city's bus system to protest segregated seating.

National Association For The Advancement Of Colored People

An African American civil rights organization in the United States, founded in 1909, aimed at eliminating race-based discrimination.

Supreme Court

The highest federal court in the United States, consisting of nine Justices and having final appellate jurisdiction along with the ability to adjudicate on important constitutional cases.