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- IAS 10 – Events After the Reporting Period 0%
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Question 1 of 10
1. Question
An entity shall not adjust the amounts recognised in its financial statements to reflect __________ events after the reporting period.
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Question 2 of 10
2. Question
Which of the following are examples of adjusting events after the reporting period that require an entity to adjust the amounts recognised in its financial statements, or to recognise items that were not previously recognised?
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Question 3 of 10
3. Question
Which of the following information cannot indicate that the asset was impaired at the end of the reporting period?
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Question 4 of 10
4. Question
Change in fair value of investments between the end of the reporting period and the date when the financial statements are authorised for issue is an example of __________ event.
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Question 5 of 10
5. Question
If an entity declares dividends to holders of equity instruments after the reporting period, the entity shall recognise those dividends as a liability at the end of the reporting period.
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Question 6 of 10
6. Question
If dividends are declared after the reporting period but before the financial statements are authorised for issue, the dividends __________ as a liability at the end of the reporting period __________obligation exists at that time.
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Question 7 of 10
7. Question
An entity __________ prepare its __________ if management determines after the reporting period either that it intends to liquidate the entity or to cease trading.
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Question 8 of 10
8. Question
Deterioration in operating results and financial position after the reporting period may indicate a need to consider whether the going concern assumption is still appropriate.
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Question 9 of 10
9. Question
Under which circumstances does IAS 10 specify required disclosures?
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Question 10 of 10
10. Question
According to IAS 10, which of the following shall not an entity disclose?
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