Kế toán tập đoàn Quiz

Chairman of the reporting entity is considered as a related party of this reporting entity. Is this statement true or false according to VAS 26?

• True

• False

In the investor's separate financial statements, dividends received from its associates should be treated as decreases in 'investments in associates'. Is this statement true or false in accordance with VAS 07?

• True

• False

In the investor's separate financial statements, dividends received from its associates should be treated as increases in 'financial income'. Is this statement true or false in accordance with VAS 07?

• True

• False

In the investor's separate financial statements, the investor measures investments in associates at cost. Is this statement true or false in accordance with VAS 07?

• True

• False

Company A owns 30% of Company B, giving Company A significant influence over Company B. On 1 December 20X4, Company A received VND 100 million dividend from Company B. Which entries should be used to reflect this received dividend in preparing the consolidated financial statements of Company A as at 31 December 20X4?

• Dr Cash / Cr Investments in associates: 100 million

• Dr Cash / Cr Investments in associates: 30 million

• Dr Cash / Cr Financial income: 100 million

• Dr Cash / Cr Financial income: 30 million

On 1 January 20X4, Company A purchased 30% equity shares of Company B, its only associate, for VND 40 billion in cash. Related professional fee incurred for this purchase was 1 billion. The profit of Company B for the year to 31 December 20X4 was VND 10 billion. What amount should be shown as 'investment in associate' in the consolidated statement of financial position of Company A as at 31 December 20X4?

• 41

• 43

• 44

• 51

Parents of a person who has significant influence over the reporting entity is considered as a related party of this reporting entity. Is this statement true or false according to VAS 26?

• True

• False

Company A owns 80% of the voting shares of Company B, which in turn owns 40% of the voting shares of Company C. Company A also owns directly 15% of the voting shares of Company C. A majority voting share of an entity is assumed to result in a controlling financial interest. What should be the economic interest of Company A in Company C?

• 55%

• 47%

• 15%

• 51%

Shares of profit of associates are included in the investor's separate statement of profit or loss. Is this statement true or false in accordance with VAS 07?

• True

• False

According to VAS 25, a group consists of a parent, all of its subsidiaries and associates. Is this statement true or false?

• True

• False