IFRS uses each of the following terms to describe retained earnings except a. accumulated profit or loss....
IFRS uses each of the following terms to describe retained earnings except
a. accumulated profit or loss.
b. retained earnings.
c. retained profits.
d. share earnings.
Homework Answers
Option D is the answer
Retained earnings - Profits earned by a company after the deduction of dividends and other distributions for its investors. It is also referred to as retained profits and accumulated profit or loss.
So, option D is the answer
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IFRS uses each of the following terms to describe retained
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