Question :Which of the following material events after the reporting period and before the financial statements are approved by the directo ...
2015-10-29 18:10Question :Which of the following should be disclosed in the note to the financial statements for intangible assets? A. The method of amorti ...
2015-10-29 18:10Question :Which of the following could appear as separate items in the statement of changes in equity required by IAS1 Presentation of Fina ...
2015-10-29 18:10Question :Which one of the following statements regarding a limited liability company statement of comprehensive income is correct? A. Acco ...
2015-10-29 18:10Question :Which one of the following provides evidence that an item of expenditure on petty cash has been approved or authorised? A. Record ...
2015-10-28 16:10Busters draft accounts for the year to 31 October 20X5 report a loss of $1,486. When he prepared the accounts, Buster did not include an acc ...
2015-10-28 16:10Question :According to IAS 38 Intangible Assets which of the following is/are correct? A. Amortisation of capitalised development expenditu ...
2015-10-28 16:10Question :Which of the following statements describes current assets? A. Assets which are not expected to be converted into cash in the sho ...
2015-10-28 16:10Question :IAS 2 Inventories defines the items that may be included in computing the value of an inventory of finished goods manufactured by ...
2015-10-28 16:10Question :Which of the following correctly describe the entry in the sales account for a sale for a sales tax registered trader? A. Debited ...
2015-10-28 16:10Question :Williams trial balance at 30 September 20X5 includes the following balances: Trade receivables $75,943 Receivables allowance $4,7 ...
2015-10-28 16:10Question :Which of the following explanations of the prudence concept most closely follows that in the IASBs Framework for the Preparation ...
2015-10-28 16:10Question :According to the IASB Framework which of the following is not an objective of financial statements? A. Helping to assess the goin ...
2015-10-28 16:10Question :How is target cost calculated? A. Market price - standard profit margin B. Desired selling price - desired profit margin C. Marke ...
2015-10-22 17:10Question :In a process account, how are abnormal losses valued? A. The same as normal losses B. At the cost of raw materials C. The same as ...
2015-10-22 17:10Question :Which of the following is NOT a characteristic of service costing? A. Can be used for internal services as well as external servi ...
2015-10-22 17:10Question :Absorption costing will result in the same profit as marginal costing in which three of the following situations? A. When opening ...
2015-10-22 17:10Question :Consider the following statements, regarding the reapportionment of service cost centre overheads to production cost centres, whe ...
2015-10-22 17:10Question :Employee A is a carpenter and normally works 36 hours per week. The standard rate of pay is $3.60 per hour. A premium of 50% of t ...
2015-10-22 17:10Question :A petfood company incurred the following costs last year for each of its three different markets: $ Dog food 1,345,000 Cat food 2 ...
2015-10-21 14:10Question :A production worker is paid a salary of $650 per month, plus an extra 5 cents for each unit produced during the month. How is thi ...
2015-10-21 14:10Question :A company makes chairs and tables. Which of the following items would be treated as an indirect cost? A. Metal used for the legs ...
2015-10-21 14:10Question :The internet can be a useful source of data and information but it has its limitations. Jo is thinking about setting up a chocola ...
2015-10-21 14:10Question :Monthly variance reports are an example of which one of the following types of management information? A. Non-financial B. Strate ...
2015-10-21 14:10Question :What is the name given to an approach to ethical decision-making which considers the right decision to be the one which results i ...
2015-10-21 14:10Question :Which TWO of the following are potential problems for time management? A. Reading and acting on e-mails as they are received B. A ...
2015-10-21 14:10Question :A manager is assessing the performance of her team members. In accordance with the appraisal system of the organisation, she has ...
2015-10-21 14:10Question :You have been asked to comment on the most effective approach for training accounts staff in the use of a new payroll system. Whi ...
2015-10-21 14:10Question :Participation can motivate employees by making them take ownership of the task and increasing their commitment. In which of the f ...
2015-10-21 14:10Question :Richard is a highly enthusiastic member of his team. An extrovert by nature, he is curious and communicative. He responds to new ...
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