The Correct Heading on a Statement of Profit or Loss

question 51

Multiple Choice

The correct heading on a statement of profit or loss and other comprehensive income made up for a twelve-month period to 30 June 2019 is:

• A) 30th June 2019
• B) as at 30 June 2019
• C) for the year ended 30 June 2019
• D) for the period ended 30 June 2019

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Definitions:

Plasma Membrane

The semipermeable membrane surrounding the cytoplasm of a cell, responsible for controlling the passage of substances in and out of the cell.

Vesicle

(vesicle) Any small sac, especially a small, spherical, membrane-enclosed compartment, within the cytoplasm.

Plasma Membranes

The lipid bilayer that surrounds a cell, separating its internal components from the external environment and mediating interactions with other cells and substances.

Compartments

Distinct sections or areas within an environment or a structural entity, designed to separate or organize space.