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Bundle set for CFAS Tests
Bundle set for CFAS Tests
[Mostrar más]Bundle set for CFAS Tests
[Mostrar más]What is the Conceptual Framework for Financial Reporting? - correct answer It is a framework that describes the objective of, and the concepts for, general purpose financial reporting 
 
Who revises the Conceptual Framework for Financial Reporting? - correct answer IASB 
 
What are the 3 purposes of...
Vista previa 2 fuera de 12 páginas
Añadir al carritoWhat is the Conceptual Framework for Financial Reporting? - correct answer It is a framework that describes the objective of, and the concepts for, general purpose financial reporting 
 
Who revises the Conceptual Framework for Financial Reporting? - correct answer IASB 
 
What are the 3 purposes of...
PAS 1 Presentation of Financial Statements - correct answer Prescribes the basis for the presentation of general purpose financial statements, the guidelines for their structure, and the minimum requirements for their content to ensure comparability. 
 
Financial Statements - correct answer Are the ...
Vista previa 3 fuera de 20 páginas
Añadir al carritoPAS 1 Presentation of Financial Statements - correct answer Prescribes the basis for the presentation of general purpose financial statements, the guidelines for their structure, and the minimum requirements for their content to ensure comparability. 
 
Financial Statements - correct answer Are the ...
What is the general objective of financial statements? 
 
a. To provide information about economic resources of an entity, claims against the entity and changes in the economic resources and claims. 
b. To assess future cash flows to the entity 
c. To assess management stewardship of economic resour...
Vista previa 2 fuera de 6 páginas
Añadir al carritoWhat is the general objective of financial statements? 
 
a. To provide information about economic resources of an entity, claims against the entity and changes in the economic resources and claims. 
b. To assess future cash flows to the entity 
c. To assess management stewardship of economic resour...
"I shall be straightforward and honest in all my professional and business relationships."Which ethical principle am I referring to in this statement? 
 
a. Integrity 
b. Objectivity 
c. Confidentiality 
d. Professional Behavior 
e. Professional Competence and Due Care - correct answer a 
 
Gener...
Vista previa 2 fuera de 13 páginas
Añadir al carrito"I shall be straightforward and honest in all my professional and business relationships."Which ethical principle am I referring to in this statement? 
 
a. Integrity 
b. Objectivity 
c. Confidentiality 
d. Professional Behavior 
e. Professional Competence and Due Care - correct answer a 
 
Gener...
To generate general purpose financial statementw that provide information, about economic entities, that is to be used as basis for the formulation of economic decisions - correct answer Purpose of accounting in society 
 
Historical Cost - correct answer the value of the costs incurred in acquiring...
Vista previa 2 fuera de 10 páginas
Añadir al carritoTo generate general purpose financial statementw that provide information, about economic entities, that is to be used as basis for the formulation of economic decisions - correct answer Purpose of accounting in society 
 
Historical Cost - correct answer the value of the costs incurred in acquiring...
Conceptual Framework for Financial Reporting - correct answer A complete, comprehensive and single document promulgated by the International Accounting Standards Board. 
 
Conceptual Framework - correct answer A summary of the terms and concepts that underlie the preparation and presentation of fina...
Vista previa 3 fuera de 28 páginas
Añadir al carritoConceptual Framework for Financial Reporting - correct answer A complete, comprehensive and single document promulgated by the International Accounting Standards Board. 
 
Conceptual Framework - correct answer A summary of the terms and concepts that underlie the preparation and presentation of fina...
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