Which of the following changes during a period is not a component of other comprehensive income?  Group of answer choices a. Foreign currency translation adjustment b. Remeasurement of defined benefit costs c. Unrealized gain on equity instrument measured at fair value d. though other comprehensive income Treasury shares, at cost

Q: Which accounting principle requires that interest expense, or any expense for operations during a…

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Q: The following are deductions from items of income, except: *   Cost of sales or service Regular…

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A:

Q: Certain changes that cause adjustments in the current and future periods: a. Changes in Financial…

A: Definition:

Q: Which of the following is reported in profit or loss in accordance with PAS 1? I.      Sales revenue…

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Q: In accordance to MFRS 101, Presentation of Financial Statements, describe presentation requirements…

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Q: "E" in EBT abbreviation means Select one: a. equity b. gross profit

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Q: Please provide explanation or justification on the effects of the transactions.

A: Explanation are as follows for above transaction.

Q: Which basic financial statements are prepared as a minimum for interim financial reporting? a.…

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Q: Which one of the following statement about encumbrance is correct? a. Encumbrances are equivalent to…

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Q: What is the name of the accounting concept in which revenue earned  during the accounting period…

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Q: Which of the four basic accounting reports indicates thatit is appropriate to consider revenues and…

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Q: by The financial performance of an entity is calculated Select one: A. a decrease in expenditure. B.…

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Q: An entity shall present all items of income and expenses recognized in a period: I-in a single…

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Q: excess earnings method, capitalized earnings approach, and discounted future earnings approach which…

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Q: Retrospective changes require all but which of the following? Group of answer choices adjustments…

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Q: That companies can present useful information in shorter time periods such as years, quarters,…

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Q: 6. A liability is recognized in the statement of comprehensive income when it is probable that an…

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Q: Which of the following best represents operating income? Seleccione una: Oa. Income after financing…

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Q: 9. The following statements are correct, except: a. Profit or loss is the total income less…

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Q: Elements of gross income

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Q: Which of the following are reported on the income statement? Check all that apply. Dividends Revenue…

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Q: Define the following and their differences : 1. statement of comprehensive income 2. statement of…

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Q: If a company capitalizes costs that should be expensed, how is its income statement for the…

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Q: Which of the following terms is used when assuming a business will continue to operate in…

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Q: Which of the following is a usefulness of the statement of financial position? OA. The use of…

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Q: Are the following statements true or false, according to IAS1 Presentation of Financial Statements?…

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Q: Which accounting principle guides the application of the installment method for reporting income? a…

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Q: Under functional presentation of income statement an entity a. Shall not present additional…

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Q: Provide some instances of things that would be adjusted directly against equity rather than being…

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Q: Under PAS 1, which of the followingitem is not included in the computation of profit?     Finance…

A: PAS 1 :           It is an accounting standard under Philippines Accounting Standards, the standard…

Q: a. What is your company’s primary revenue, secondary revenue, and gains? b. What is your company’s…

A: As per guidelines. we can only answer up to 3 subparts. Kindly corporate and ask other subparts as a…