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- IFRS 9 – Financial Instruments 0%
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Question 1 of 10
1. Question
Which of the following are exceptions for IFRS 9 application?
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Question 2 of 10
2. Question
Which of the following loan commitments are within the scope of IFRS 9?
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Question 3 of 10
3. Question
In which way a contract to buy or sell a non-financial item can be settled net in cash?
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Question 4 of 10
4. Question
An entity shall recognise a financial asset or a financial liability in its statement of financial position when, and only when, the entity becomes party to the contractual provisions of the instrument.
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Question 5 of 10
5. Question
A regular way purchase or sale of financial assets shall be recognised and derecognised, as applicable, using:
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Question 6 of 10
6. Question
Which of the following conditions give rise to derecognition of a part of an asset under IFRS 9?
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Question 7 of 10
7. Question
When an entity transfers a financial asset, it shall evaluate the extent to which it retains __________ the financial asset.
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Question 8 of 10
8. Question
If, as a result of a transfer, a financial asset is derecognised in its entirety but the transfer results in the entity obtaining a new financial asset, the entity shall recognise which of the following:
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Question 9 of 10
9. Question
What is not a correct statement regarding a transfer of financial asset that was not derecognised, because the entity has retained substantially all the risks and rewards of ownership of the transferred asset?
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Question 10 of 10
10. Question
When an entity continues to recognise an asset to the extent of its continuing involvement, the entity shall not recognise an associated liability.
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