A statement of recognised income and expense:
A) Is identical to a statement of changes of equity.
B) Is required to include only the components listed in paragraph 96 of AASB 101.
C) Includes the effects of changes in accounting policies recognised in accordance with AASB 108.
D) Is identical to a statement of changes of equity and includes the effects of changes in accounting policies recognised in accordance with AASB 108.
E) Is required to include only the components listed in paragraph 96 of AASB 101 and includes the effects of changes in accounting policies recognised in accordance with AASB 108.
Correct Answer:
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