Quiz về Chuẩn mực Kế toán

A 30% Associate - carrying value in the SFP = 1,000. The recoverable amount of the associate is 2,000. Has there been an impairment?

• Yes

• No

A company's financial statements must disclose the accounting policies used in measuring inventories.

• True

• False

A contingent asset should be disclosed by note if an inflow of economic benefits is probable.

• True

• False

A contingent liability is not recognised in the statement of financial position.

• True

• False

A gain or loss arising from a change in the fair value of an investment property should be recognised in the revaluation surplus.

• True

• False

A truck held for resale should be considered as a non-current asset in the statement of financial position.

• True

• False

According to IAS 12 Income taxes, "Development costs have been capitalised and will be amortised, but were deducted in determining taxable profit in the period in which they were incurred. This will give rise to a deferred tax asset."

• True

• False

According to IAS 12 Income taxes, “The tax base for a machine for tax purposes is greater than the carrying amount in the financial statements up to the end of the reporting period. This will give rise to a deferred tax asset.”

• True

• False

According to IAS 12 Income taxes, deferred tax assets are the amounts of income taxes recoverable in future periods in respect of deductible permanent differences.

• True

• False

According to IAS 12 Income taxes, deferred tax liabilities are the amounts of income taxes payable in future periods in respect of taxable temporary differences.

• True

• False