IAS 1/AASB 101 Defines a Complete Set of Financial Statements

Multiple Choice

IAS 1/AASB 101 defines a complete set of financial statements as comprising:

A) a balance sheet, a profit or loss report, a statement of cash flows and a director's report.
B) a statement of financial position, a statement of profit or loss and other comprehensive income for the period, a statement of changes in equity, a statement of cash flows , and notes comprising a summary of accounting policies and other explanatory information.
C) a statement of financial position, a statement of profit or loss and other comprehensive income for the period, a statement of changes in equity and a statement of cash flows.
D) a statement of financial position, a statement of profit or loss and other comprehensive income for the period, and a statement of cash flows.