Overall Considerations Quiz

Descripción

Quiz - Overall Considerations of IAS 1
brio32
Test por brio32, actualizado hace más de 1 año
brio32
Creado por brio32 hace alrededor de 9 años
21
0

Resumen del Recurso

Pregunta 1

Pregunta
The accrual basis of accounting means ....
Respuesta
  • accounting for transactions when the cash is received or paid out
  • accounting for transactions when they occur

Pregunta 2

Pregunta
What is the minimum requirement of comparative information that must be provided?
Respuesta
  • 1 Year
  • 2 Years
  • 3 Years

Pregunta 3

Pregunta
Offsetting assets & liabilities or income & expenses is permitted by IFRS - True or False?
Respuesta
  • True
  • False

Pregunta 4

Pregunta
Financial Statements must comply with the requirements of IFRS - what does IFRS stand for[blank_start]?[blank_end]
Respuesta
  • ?

Pregunta 5

Pregunta
Identify the following 3 overall considerations: G[blank_start]----[blank_end] C[blank_start]------[blank_end] C[blank_start]---------[blank_end]- I[blank_start]----------[blank_end] A[blank_start]------[blank_end] B[blank_start]----[blank_end] Of A[blank_start]---------[blank_end]
Respuesta
  • ----
  • ------
  • ---------
  • ----------
  • ------
  • ----
  • ---------
Mostrar resumen completo Ocultar resumen completo

Similar

Cost measurement
shuma32
Financial Ratios
Liz Barraclough
The double entry bookkeeping system
Debs Seed
How accounting is recorded
rachaellouise18
Equality
camm85
Statement of cash flow Flash cards
badloukbek
Main purpose and element of the Statement of Cash Flow
Sophie Ann Jones
Statements of Financial Position Qiuz
tomaswood