Which of the following statements is incorrect regarding provisions of PAS 1? a. An entity is required t present separate sections of profit or loss and other comprehensive income b. Presenting an...




Which of the following statements is incorrect regarding provisions of PAS 1?











a. An entity is required t present separate sections of profit or loss and other comprehensive income







b. Presenting an income statement or statement of profit or loss in addition to a statement of other comprehensive income is permitted when an entity elects to use "two-statement" presentation







c. Presenting an income statement or statement of profit or loss alone without a statement of other comprehensive income items is allowed







d. Presenting comprehensive income as a note disclosure only is prohibited









Jun 02, 2022
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