CERTYNEX IFRS ACADEMY

Which statements about the presentation of operating expenses under IFRS 18 are correct? More than one answer is possible.

Operating expenses may be presented by nature, by function or in a mix of the two.

Presentation by function brings additional information by nature.

An entity that presents its expenses by nature provides in the notes an equivalent analysis by function.

That additional information is given in a single note.

Presentation by function is required of any industrial entity.