IAS 10 Events after the reporting period regulates the extent to which events after the reporting period should be reflected in
financial statements.
Which one of the following lists of such events consists only of items that, according to IAS 10, should normally be classified
as non-adjusting?
These events are adjusting if discovered between the reporting date and the date the financial
statements are authorised for issue as they provide evidence about conditions that existed at the reporting date: insolvency of an account receivable which was outstanding at the end of the reporting period, discovery of fraud or error which shows that
the financial statements were incorrect, sale of inventory which gives evidence about its value at the end of the reporting
period
多做几道
Which of the following is a ratio which is used to measure how much a business owes in relation to its size?
A business operates on a gross profit margin of 331/3%. were $680. Gross profit on a sale was $800, and expenses
What is the net profit margin?
A company has the following details extracted from its statement of financial position：
$'000
Inventories 1,900
Receivables 1,000
Bank overdraft 100
Payables 1,000
The industry the company operates in has a current ratio norm of 1.8. Companies who manage liquidity well in this industry
have a current ratio lower than the norm.
Which of the following statements accurately describes the company’s liquidity position?
Why is analysis of financial statements carried out?
Which of the following transactions would result in an increase in capital employed?
最新试题
该科目易错题
该题目相似题
