Under the Conceptual Framework, 'Increases in Economic Benefits During the Accounting

Multiple Choice

Under the Conceptual Framework, 'increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in increases in equity, other than those relating to contributions from equity participants', is the definition of:

A) income.
B) equity.
C) assets.
D) contributions.