krisbulabreilP krisbulabreilP
  • 08-11-2016
  • Business
contestada

Under ifrs, do the definitions of revenues and expenses include gains and losses? explain.

Respuesta :

pkmnmushy
pkmnmushy pkmnmushy
  • 15-11-2016
Gains and losses are not included as part of revenue or expenses because they do not contitute in operating activities. Lets remember that IFRS describes revenues as the gross inflow of economic benefits arising from the ordinary operating activities. 
Answer Link

Otras preguntas

The pitch of which drum can be altered?snare drumbass drumtimpaninone of the above​
The system of equation y=3/4 and y=-x+3 According to the graph, what is the solution to this system of equations?(4, -1)(-1.4)(4.1)(1.4)​
-3x-10=32 i couldn't find the answer!!
During the next several lessons you will write a literary analysis essay of 500–750 words about a literary element in The Alchemist. To begin, save this docume
In the fourth stanza of "I Know Why the Caged Bird Sings"-- What ideas are represented? The free bird thinks of another breeze and the trade winds soft through
The leader of the nonviolent movement that secured India's freedom was _____. Mahatma Ganges Suptra Gandhi Mahatma Gandhi Asoka Ganges
A.) 10.9 B.) 8.6 C.) 7.3
The value of x in 5(8+x)=20
What is the value of X?
In Alice Walker's 'Everyday Use' what is the relationship like between Mama and Dee.
good job