Please assist on answering the questions below

QUESTION 11 Under what circumstances can the profit on an equity instrument carried at fair value be recorded in other comprehensive income? 1. When the equity investment is not held for trading 2. When the equity investment is held for trading 3. When the profit or loss is capable of recycling 4. When the equity investment is available for sale Question 12 Which one of the following alternatives is correct? 1. In principle, all income and expenses are included in the statement of profit or loss. 2. Income and expenses included in other comprehensive income are always recycled into the statement of profit or loss at the end of the holding period of the related asset or liability 3. The statement of profit or loss is the only source of information about an entity's financial performance for the period. 4. All income and expenses included in profit or loss arise from ordinary activities of the entity. Question 13 Which one of the following measurement bases is not categorised as part of the current value measurement base in the conceptual Framework? 1. Value in use 2. Transaction cost 3. Current cost 4. Fair value Question 14 Which one of the following statements is correct? 1. The statement of profit or loss and other comprehensive income has to show the results for one year 2. The statement of profit or loss and other comprehensive income includes dividends paid. 3. The statement of profit or loss and other comprehensive income illustrates a business' financial performance. 4. The statement of profit or loss and other comprehensive income illustrates a business' financial position. Question 15 Which type of adjustment occurs when cash is either received or paid, but the related income or expense is not reportable in the current period? 1. Accrual 2. Aggregation 3. Offsetting 4. Cash