中国大学MOOC: Which of the following would be shown in the other comprehensive income section of the statement of profit or loss and other comprehensive income?
举一反三
- Translate the following sentence into Chinese."A profit statement is also known as a profit and loss statement, an income statement, an income and expense statement or an operating statement."
- Of the following, which is not an alternative title for the income statement? A: Earnings statement B: Statement of Operations C: Profit and Loss Statement D: Statement of Financial Position
- A change in accounting principle requires that the cumulative effect of the change for prior periods be shown as an adjustment to A: beginning retained earnings for the earliest period presented. B: net profit for the period in which the change occurred. C: comprehensive income for the earliest period presented. D: stockholders’ equity for the period in which the change occurred.
- Income Statement, also known as the “Profit and Loss Statement (P&L)”, is a record of the company’s profitability. It shows of a firm over a period of time.
- Which of the following statement related to the three elements in an income statement is not true?