CIMA F2 Advanced Financial Reporting F2 Question # 28 Topic 3 Discussion

CIMA F2 Advanced Financial Reporting F2 Question # 28 Topic 3 Discussion

F2 Exam Topic 3 Question 28 Discussion:
Question #: 28
Topic #: 3

Which of the following principles are the basic principles followed by the consolidated income statement?

Select ALL that apply.


A.

Include all of the parent's income and expenses plus all of the subsidiaries' income and expenses


B.

Ignore investment income from subsidiary to parent (e.g. dividend payments or loan interest)


C.

After profit for the period, show the profit split between amounts attributable to the parent's shareholders and other shareholders


D.

Include all of the parent's income and expenses minus all of the subsidiaries' income and expenses


E.

Include investment income from subsidiary to parent (e.g. dividend payments or loan interest)


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