The Definition of Earnings Contained in IAS 33

The definition of earnings contained in IAS 33:

A) is net profit attributable to ordinary shareholders of the parent entity net of preference dividends.
B) is net profit excluding earnings attributable to minority interests and measured before the costs of servicing equity other than dividends on ordinary shares are deducted.
C) is net profit excluding earnings attributable to minority outside equity interests.
D) excludes any cumulative preference dividends not paid in the period and is measured before the costs of servicing equity other than dividends on ordinary shares are deducted.

Correct Answer:

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