Economics · Financial Accounting and Reporting
Which one of the following describes the correct accounting presentation for an associate in a consolidated statement of profit or loss?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Investor's share of profit for the year included immediately after profit before income taxes✓
- 2Investor's share of profit before financing and income taxes included immediately after profit before income taxes
- 3Investor's share of profit for the year included immediately before profit before financing and income taxes
- 4Investor's share of profit before income taxes included immediately before profit before income taxes
Correct answer
Investor's share of profit for the year included immediately after profit before income taxes
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Accounting and Reporting MCQs →Want more practice questions on Financial Accounting and Reporting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Financial Accounting and Reporting