Question 14 - 9706/12/M/J/19

Items excluded from statement of changes in equity

Steps:

Identify components of statement of changes in equity: opening equity, comprehensive income, owner transactions (e.g., dividends, share issues), closing equity.
Recall exclusions: operational details like revenue/expenses or cash flows, which belong in income statement or cash flow statement.
Assume items 1, 2, 3 based on common accounting questions: 1 as profit (included), 2 as dividends (included), 3 as cash flows (excluded)—but details unspecified.
Not enough information on exact items 1, 2, 3 to confirm definitively.

Why D is correct:

D identifies 2 and 3 as excluded, aligning with standard exclusions if 2/3 are non-equity changes like cash flows or expenses, per IAS 1 definition of equity statement focusing solely on equity movements.

Why the others are wrong:

Not enough information on items 1, 2, 3 for full certainty.

Final answer: D