WorksheetsCorporate Reporting 2
Total questions: 12
Worksheet time: 9mins
What is the name for IAS 16?
(a)
IAS 2 standards governing......
Accounting for financial instruments.
Accounting for inventories
Investment in Associates
Subsidiaries
If the carrying value of tangible non current assets is higher than recoverable amount, the difference will be known as (a)
Which of the following types of subsequent expenditures is not normally capitalized?
Additions
Improvements
Repairs and maintenance
Rearrangements
Any method of depreciation should be both systematic and rational.
True
False
Who issues IFRS/IAS?
IASB
IFRS Foundation
IFRS Interpretation Committee
IFRS Advisory Council
Which is correct?
IAS1 Presentation of Financial Statements
IAS2 Presentation of Financial Statements
IFRS1 Presentation of Financial Statements
IFRS2 Presentation of Financial Statements
IFRS3 Presentation of Financial Statements
Which is correct?
IAS10 Events after the Reporting Period
IAS3 Events after the Reporting Period
IAS12 Events after the Reporting Period
IAS8 Events after the Reporting Period
Which is correct?
IAS12 income Taxes
IAS14 income Taxes
IAS10 income Taxes
IAS8 income Taxes
Which is correct?
IAS16 Property, Plant and equipment
IFRS16 Property, Plant and equipment
IAS15 Property, Plant and equipment
IFRS15 Property, Plant and equipment
Which is correct?
IAS37 Provisions, Contingent Liabilities and Contingent assets
IAS36 Provisions, Contingent Liabilities and Contingent assets
IFRS37 Provisions, Contingent Liabilities and Contingent assets
IFRS36 Provisions, Contingent Liabilities and Contingent assets
Which is correct?
IAS35 Intangible Assets
IAS36 Intangible Assets
IAS37 Intangible Assets
IAS38 Intangible Assets
