
IND AS 110 (CFS)
Quiz
•
Professional Development
•
Professional Development
•
Practice Problem
•
Medium
CA Saturday
Used 4+ times
FREE Resource
Enhance your content in a minute
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Q1. Ind As-110 provides for_______ exemption in case of A Ltd Non-Investment Company acquiring majority voting rights in B Ltd (an Investment Company providing service to A Ltd).
Voluntary
Mandatory
No Exemption
None of the above
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Q2. No Substantive Rights are considered while assessing whether an investor has power over Investee
True
False
Not Sure
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Q3. Power = Existing rights + Variable returns + ability to direct relevant activity.
True
False
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Q4. XYZ Ltd hold 30 percent Shares in ABC Ltd. It Enters into a forward contract to sell the shares Which will get mature in 10 days. The AGM is scheduled to happen in 45 days in which major decisions regarding the Relevant Activities will be taken. XYZ has_________ to direct relevant activities.
Current ability
No-Current ability
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Q5. Following is an example of Variable return.
Dividend
Changes In Fair Value
Interest on Debenture Issued by Investor
All of the Above
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Q6. Holding company’s share in revenue profits of subsidiary company is adjusted in:
Cost of control
Shown on assets side of balance sheet
Profit and loss account of holding company
Capital profits of holding company
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q7. On a consolidated balance sheet, if the shares of a company have been bought for more than the balance sheet value then the difference would appear as:
Profit on purchase
Goodwill
Capital reserve
Loss on purchase
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
17 questions
the nature of business
Quiz
•
Professional Development
20 questions
contract law 3-elements
Quiz
•
Professional Development
15 questions
Emerging Tech
Quiz
•
Professional Development
15 questions
Home Insurance Assessment
Quiz
•
Professional Development
10 questions
Software Security
Quiz
•
University - Professi...
15 questions
BJT - BASICS
Quiz
•
Professional Development
18 questions
Collocation
Quiz
•
Professional Development
12 questions
Maslow's theory test
Quiz
•
Professional Development
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Professional Development
20 questions
Black History Month Trivia Game #1
Quiz
•
Professional Development
100 questions
Screening Test Customer Service
Quiz
•
Professional Development
20 questions
90s Cartoons
Quiz
•
Professional Development
10 questions
Reading a ruler in Inches
Quiz
•
4th Grade - Professio...
16 questions
Parallel, Perpendicular, and Intersecting Lines
Quiz
•
KG - Professional Dev...
12 questions
Valentines Day Trivia
Quiz
•
Professional Development
