WALKTHROUGH STELLANTIS BANK GERMANY’S ADJUSTMENTS

The consolidation process starts with:

• Elimination of intragroup

• Uniform of accounting policies

• Offset of the carrying amount of the parent's investments in each subsidiary

• None of the above

Should the Right of Use (RoU) be equal to:

• Lease liability plus interest

• Monthly depreciation

• Lease liability at inception

• None of the above

The net defined benefit liability (asset) is the deficit or surplus:

• The asset ceiling; and

• The present value of the defined benefit obligation; and

• Post-employment benefits; and

• the fair value of plan assets (if any)

Incremental costs of obtaining a contract are:

• Consider as a expense in the period

• Capitalized as an asset

• Amortised monthly over the contracts duration

• All the answers are correct

IAS 12 considers how to record:

• Current taxes

• Deferred taxes

• All of the above

• None of the above