Regarding presentation and disclosure, what change does this draft propose?
A. renaming the balance sheet to the periodic statement of performance
B. renaming the statement of profit or loss to the statement of income or deficit
C. renaming the balance sheet to the statement of financial health
D. renamingthe statement of profit or loss to the statement of financial performance
Answer:D
Regarding presentation and disclosure, what change does this draft propose?
A. renaming the balance sheet to the periodic statement of performance B. renaming the statement of profit or loss to the statement of income or deficit C. renaming the balance sheet to the statement of financial health D. renamingthe statement of profit or loss to the statement of financial performance