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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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