IAS 1 Requires the Following Items to Be Disclosed Separately

IAS 1 requires the following items to be disclosed separately in the statement of profit or loss and other comprehensive income:
I Cost of sales.
II Revenue.
III Finance costs.
IV Share of the profit or loss from associates.
V Tax expense relating to extraordinary events.
VI Tax expense relating to ordinary activities.
VII Profit or loss.

A) I, II, VI and VII only
B) I, II, III and V only
C) II, III, IV, VI and VII only
D) I, III, V and VII only.

Correct Answer:

Verified

Show Answer