The view of income that IFRS generally supports is referred to as the
A) all-inclusive approach.
B) current operating performance approach.
C) other comprehensive income approach.
D) operating income approach.

Question

Quizplus · Accepted Answer

IFRS generally supports the all-inclusive approach to income, which considers all gains and losses, whether they are related to the company's operations or not, in determining net income.

The View of Income That IFRS Generally Supports Is Referred