46.Financial statements include a statements of financial position, a statement of comprehensive income and a statement of changes in equity. According to the Preface to IFRS, which two of the following are also included within the financial statements? I. A statements of cash flows. II. Accounting policies III. An auditor's report IV. A director's report

a. I and II

b. I and III

c. II and III

d. III and IV

51. PAS 1 precludes an entity to present or classify this account as current in the statement of financial position*

a. Available-for-sale-securities

b. Deferred tax assets

c. Prepayments

d. Provision

53. PAS 1 refer to all changes in equity other than introduction and return of capital to owners.*

a. Net income

b. Other comprehensive income

c. Profit

d. Total comprehensive income

61.PAS 1 requires the allocation of profit or loss for the period between or among I. Profit or loss attribute to owner of the parent II. Profit or loss attribute to subsidiaries of the parent III. Profit or loss attribute to non-controlling interests*

a. I and II

b. I and III

c. II and III

d. I, II and III

63.Determine the true statement(s) relating to presentation of the statement of changes in equity. Statement I: The amount of dividends shown as distribution to owner and the amounts of dividends per share should be shown in the notes only. Statement II: Components of equality includes each class of contribute equity, the accumulated balance of each class of other comprehensive income and retained earnings.*

1 point

a. Statement I & II are correct

b. Only statement I is correct

C. Only statement II is correct

D. No statement is correct