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Erstellt / Aktualisiert 07.01.2020 / 08.01.2020
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0 Exakte Antworten 0 Text Antworten 63 Multiple Choice Antworten
Fenster schliessen

Investors profit or loss doesn't include share of investee's profit or loss. 

True

False

Fenster schliessen

Investor is exempted from using equity method if…

parent is exempt for making consolidated financial statements under IFRS 10

securities are not publicly traded

the ultimate parent publishes financial statements in accordance to IFRS

not in the process of issuing securities

Fenster schliessen

Which one of the following is incorrect

Associates can use different accounting policies than investor

Profits from upstream transcations are eliminated

Investment is accounted by equity method from day when it becames associate

Unrealized losses are eliminated

Fenster schliessen

Use of the equity method should cease from the date that significant influence  ceases

True

False

Fenster schliessen

Nowadays, IAS 32 is about the Presentation and Disclosure of Financial Instruments

True

False

Fenster schliessen

Which of the following is NOT a financial asset?

Cash

Shares

Land

Bond

Fenster schliessen

Which of the following statments is correct?

Equity = Liabilites - Assets

Equity = Assets - Liabilities

Assets = Equity - Liabilities

Liabilites = Equity + Assets

Fenster schliessen

A financial instrument is a contract that has clear economic consequences

True

False