6- IFRS Multiple Choice Question 257 Comprehensive income under IFRS
excludes unrealized gains and losses included in net income , in contrast to GAAP .
includes unrealized gains and losses included in net income , similar to GAAP .
excludes unrealized gains and losses included in net income , similar to GAAP .
includes unrealized gains and losses included in net income , in contrast to GAAP
7- Multiple Choice Question 134
If a company has net sales of $ 700,000 and cost of goods sold of $ 490,000 , the gross profit percentage is
30 %. 70 %. 100 %. 15 %. 8- Multiple Choice Question 118
The consistent application of an inventory costing method is essential for