menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Issues in Financial Accounting Study Set 1
  4. Exam
    Exam 3: The Conceptual Framework: Definition, recognition and Measurement of the Elements in General Purpose Financial Statements
  5. Question
    What Characteristic Is Emphasised in the Definition of Income
Solved

What Characteristic Is Emphasised in the Definition of Income

Question 22

Question 22

Multiple Choice

What characteristic is emphasised in the definition of income?


A) flow
B) change in stock
C) presentation
D) disclosure

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Which of the following is not an

Q18: Under the Framework,which of these is not

Q19: Explain and discuss three essential characteristics of

Q20: Under the Framework,assets should be recognised in

Q21: Which statement is incorrect?<br>A) Net assets, net

Q23: Future economic benefits for assets come from:<br>A)

Q24: AASB 137 'Provisions,Contingent Liabilities and Contingent Assets'

Q25: Depreciation and wages that have been accrued

Q26: Under the Framework,a transport company does not

Q27: An entity has decided to commit itself

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines