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According to AASB 101/IAS 1 Presentation of Financial Statements, a Required

Question 43

Multiple Choice

According to AASB 101/IAS 1 Presentation of Financial Statements, a required format for the presentation of the statement of profit or loss and other comprehensive income is:


A) prescribed by the Corporations Act.
B) not prescribed and no guidance is provided in the standard for a suitable format.
C) not prescribed but guidance is provided in the standard for a suitable format.
D) prescribed by the standard and further details are found in the Corporations Act.

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