Under AASB 101 Profit or Loss Attributable to Non Controlling

question 21

Multiple Choice

Under AASB 101 profit or loss attributable to non controlling interests is prescribed for presentation in:

• A)an equity statement
• B)a statement of financial position
• C)a statement of profit or loss and other comprehensive income
• D)a statement of cash flows.

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Definitions:

Dictated

Refers to something that is spoken aloud for another person to write down or for a machine to record.

Composed

Being calm and self-possessed; serenity in behavior or attitude.

Identifies

Recognizes or establishes the identity of someone or something, often through analysis or comparison.

Recipient

An individual or entity that receives something from another source, such as a transfusion, donation, or award.