NURSING STUDY STORE

ICAEW FAR EXAM LATEST COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES|ALREADY GRADED A+ When does IAS 16 state PPE should be recognised? - Answer -When it is probable that future economic benefits will flow to the entity and the cost can be reliably measured. PPE should be measured at cost. What does IAS 16 state cost can include? - Answer -- purchase price including import duties and non-refundable purchase taxes after deducting trade discount/rebates. - directly attrib...

BST ICAEW EXAM LATEST EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+ Strategy - Answer -The direction and scope of an organisation over the long term which achieves advantage for the organisation The rational approach - Answer -Traditional, formal, top down Benefits of strategic planning - Answer -- Provides a framework - Encourages LT planning - Goal congruence - Considers the needs of stakeholders - Optimised use of resources...

ICAEW Accounting EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ The objective of financial statements - Answer -To provide info that is useful to a range of stakeholders in helping them make decisions. This is by providing info on (1) their performance/position/cashflows, and (2) the effectiveness of management Two most important components of financial statements - Answer -Statement of Financial Position Statement of Profit or Loss What is...

BTF ICAEW EXAM REAL EXAM 200+QUESTIONS AND CORRECT ANSWERS|AGRADE Why are businesses regulated? - Answer -- to address market failure and externalities (external costs and benefits) - to protect the public interest Outcomes of regulation - Answer -- address market failures - increase or reduce social standing - collective desires - enhance opportunities - deal with irreversibility What is irreversibility? - Answer -current activities will result in outcomes from which future genera...

ICAEW BST EXAM LATEST EXAM 100+ QUESTIONS AND CORRECT DETAILED ANSWERS|AGRADE What do the next flashcards cover - Answer -Basic overall guidance relevant to the paper BASICS - Answer -Calculate time. Break down requirements. Read the scenario and highlight areas, ideas and points relevant. Calculate time remaining for each question. Prepare answer using sub headings. Answer all questions. How much do I need to write? Analysing the requirement - Answer -The wording of the requirement wil...

AA ICAEW EXAM REAL EXAM LATEST VERSION QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE Name 5 actions that can increase objectivity and independence. - Answer -- Rotation of partners. - Independence declarations completed annually (or periodically). - Engagement quality control review to consider adequacy of the documentation of conclusion on independence and objectivity. - Appointment of an ethics partner to seek guidance from. - Training/development processes surrounding...

Principles of TAX ICAEW REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE What does the property value have to be above where there is additional rent? - Answer -£75,000 How many years does the property have to be owned by the employer before given to the employee, for it to be valued at Market Value & not the orginal cost? - Answer -MORE THAN 6 years What % does the use of assets have to be used for private use to be deemed as insignificant ? - Answer -40% For Car b...

ICAEW ACA Accounting EXAM BRAND NEW!! (QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS Accounting - Answer -A way of recording, analysing and summarising transactions of an entity. Statement of Profit and Loss - Answer -It reflects the performance of a business over a period of time. Statement of Financial Position - Answer -It reflects the position of a business at a point in time. Users of Accounting - Answer -Any organisation/business/individual who needs to keep track of their in...

ICAEW Assurance NEWEST 2025 EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Reasonable Assurance - Answer -Positive opinion, intrusive, high audit risk as providing more definite opinion Limited Assurance - Answer -Negative opinion, less intrusive low audit risk Required Assurance by Regulators - Answer -Statutory audit, bank audits, pension scheme audits, charity audits, solicitor audits Voluntary Assurance - Answer -Environmental audit, Du...

ICAEW BTF Memory Recap EXAM COMPLETE QUESTIONS WITH 100%CORRECT DETAILED ANSWERS WITH RATIONALES|ALREADY GRADED A+ Porter's 5 forces model, what is the purpose and what are the elements? - Answer -Analyses the competitive aspect of the task environment: - Bargaining power of suppliers - Threat of substitute products or services - Bargaining power of customers - Threat of new entrants - Rivalry among existing firms In terms of the management process, what does leading involve? - A...