The IFRS income statement classification of expenses by nature results in descriptionswhich include all of the following except
A) salaries
B) depreciation
C) distribution
D) utilities

Question

Quizplus · Accepted Answer

The IFRS income statement classification of expenses by nature results in descriptions which include salaries, depreciation, and utilities. However, distribution is not typically included as a classification under this method.

The IFRS Income Statement Classification of Expenses by Nature Results