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      Question

      As per Ind AS 1, comprehensive income

      includes:
      A Profit or Loss only Correct Answer Incorrect Answer
      B Profit or Loss + Other Comprehensive Income Correct Answer Incorrect Answer
      C Revenue only Correct Answer Incorrect Answer
      D All changes in equity Correct Answer Incorrect Answer

      Solution

      Comprehensive Income = Profit or Loss + Other Comprehensive Income (items not recognized in profit or loss).

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