Companies - Financial Asset Revaluation

Financial Assets held for trading comprise of shares held in other companies.

• True

• False

Financial Assets held for trading purposes are classified as

• Non-current assets

• Non-current liabilities

• Current assets

• Non-current liabilities

Financial assets will be of what nature in the General Ledger

• Debit nature

• Credit nature

An increase in fair value of financial assets will be classified as

• Asset

• Liability

• Income

• Expense

A decrease in fair value of financial assets will be classified as

• Asset

• Liability

• Income

• Expense

NZX began life as a number of regional stock exchanges during the gold rush of the 1870s. The NZ Stock Exchange, as we know it today became a limited liability company on

• 31 December 1976

• 31 December 1991

• 31 December 2002

• 31 December 2008

The NZX headquarters are based in

• Auckland

• Christchurch

• Wellington

• Dunedin

The normal trading hours for the Main Board of the NZSX are

• 8am – 3:30pm

• 10am – 4:45pm

• 7am – 2.00pm

• 10am – 7.00pm