IFRS 16

IFRS 16

Professional Development

9 Qs

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IFRS 16

IFRS 16

Assessment

Quiz

Education

Professional Development

Medium

Created by

Gosia Kuzminska

Used 12+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is IFRS 16?

Right of use model

New International Financial Reporting Standard for lease accounting

One of the notes prepared for MEC

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Lease in...

Lessee perspective

Lessor perspective

When the company using the asset

When the company leases out an asset

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Lease out...

Lessee perspective

Lessor perspective

When the company using the asset

When the company leases out an asset

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of source system for IFRS 16?

SAP RE-FX

SAP FICO

SAP 4HANA

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

How often we calculate IFRS 16?

Daily

Monthly

Qurterly

Yearly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Right of Use account is a part of?

Balance Sheet

Profit & Loss

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lease Liability is increase on?

DT

CT

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lease expenses are part of?

Balance Sheet

Profit & Loss

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Please choose correct answer.

Data in SAP FICO need to be equal to SAP RE-FX

Data from SAP FICO can be different to SAP RE-FX