11 ?? 1British Petroleum??s income statement was prepared using IFRS ispresented below (in $ millions).1. Are expenditures reported on BP??s income statement reportedby function or

11 â?? 1British Petroleumâ??s income statement was prepared using IFRS ispresented below (in $ millions).1. Are expenditures reported on BPâ??s income statement reportedby function or by nature 2 answers