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Which shall be presented in other comprehensive income

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Reference no: EM132773064

Problem 1: Which of the following shall not be governed by PAS 41: Agriculture?

a. Bearer plant

b. Animal for recreational purposes

c. Both a and b

d. Neither a nor b

Problem 2: Which of the following shall be presented in Other Comprehensive Income with Reclassification Adjustment Section of Statement of Comprehensive Income?

a. Increase in revaluation surplus

b. Unrealized translation gain or loss arising from conversion of entity's financial statements in functional currency to entity's presentation currency

c. Both a and b

d. Neither a nor b

Reference no: EM132773064

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