LEARNING MANAGEMENT SYSTEM se; MOOC Fakulti Perniagaan, Ekonomi dan Perakaunan Q

Question

LEARNING MANAGEMENT SYSTEM se; MOOC Fakulti Perniagaan, Ekonomi dan Perakaunan QUIZ 4 BT12203 BT1 2203 2-2017/2018] ect ct Question 3 Not yet answered Marked out of 1.00 P Flag question 1. C11.Which of the following statements about the statement of comprehensive income (SOCI) is not true ent Select one: a. The SOCI provides information about an accounting entity's financial performance. b. The SOCI provides a summary of the results of an accounting entity's trading activities. c. The SOCI is not a part of the double entry system. ing d. The SOCl is prepared on an accruals basis. Next F10 F8 ? F4 F5 F6

Explanation / Answer

It is option A
Rest of the options all are correct as statement of comprehensive income provides trading activities and it is recognized based on accrual bais. It is not part of double entry systems since it comes only in this statement

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