Which of the following items are disclosed on the face of a statement of financial position as line items?
A) Finance costs
B) Cost of sales
C) Interest revenue
D) Biological assets

Question

Quizplus · Accepted Answer

Biological assets are typically disclosed on the face of a statement of financial position as a line item under the category of non-current assets. Finance costs, cost of sales, and interest revenue are typically not disclosed as line items on the face of a statement of financial position.

Which of the Following Items Are Disclosed on the Face