CERTYNEX IFRS ACADEMY

Pavot SA applies IFRS 18. Which statements about the classification of its income and expenses are correct? More than one answer is possible.

An exchange difference relating to an income tax is classified with that tax, in the income taxes category.

An exchange difference relating to a discontinued operation is classified in the operating category.

A property tax unrelated to profit is classified in the income taxes category.

The result of a disposed branch that meets the definition in IFRS 5 is classified in the discontinued operations category.

Its current income tax expense, within the meaning of IAS 12, is classified in the income taxes category.