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Shahbaz Hayder's image
Question added by Shahbaz Hayder Group Head of Finance Sharif Group of Companies
8 years ago

What is the basic principle for measuring inventories in line with IAS 2?‎

1. Inventories shall be measured at the lower of fair value and value in use. 2. Inventories shall be measured at the lower of fair value and net realizable value. ‎ ... See More

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29
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677
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8
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Ali Hussain Nabijan's image
Question added by Ali Hussain Nabijan Chief Accountant Emirates National Chemical Co. LLC
9 years ago
Answers:
208
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1200
Vote Count:
7
Answer should contain a minimum of 25 characters.
Shahbaz Hayder's image
Question added by Shahbaz Hayder Group Head of Finance Sharif Group of Companies
8 years ago

Which of the following items would you classify as cash or cash equivalents in line with IAS 7?‎

  1. Petty cash, bank account balance, term deposit due in5 months, short-term investments readily convertible to cash which are subject to insignificant risk of cha‎ ... See More

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16
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1190
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6
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Shahbaz Hayder's image
Question added by Shahbaz Hayder Group Head of Finance Sharif Group of Companies
8 years ago

How can we calculate a stage of completion?‎

1. Services performed to date divided by total services to be performed.   2. By performing surveys of work performed.   3.Costs incurred to date divided by total est‎ ... See More

Answers:
7
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162
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6
Answer should contain a minimum of 25 characters.
Hiba Samman's image
Question added by Hiba Samman Electrical Engineer Arabtech Jardaneh
8 years ago
Answers:
66
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911
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4
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Shahbaz Hayder's image
Question added by Shahbaz Hayder Group Head of Finance Sharif Group of Companies
8 years ago

Which of the following statements is true?‎

  1. When carrying amount of an asset is greater than its tax base, then deductible temporary difference arises.   2. Taxable temporary differences result in a def‎ ... See More

Answers:
8
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875
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5
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Shahbaz Hayder's image
Question added by Shahbaz Hayder Group Head of Finance Sharif Group of Companies
8 years ago

Which intangible asset can be recognized in the financial statements according to IAS 38?‎

  1. Internally generated goodwill.   2. Internally generated publishing title.   3. Internally generated software.   4.Research cost and feasibility study.‎

Answers:
7
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507
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4
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Shahbaz Hayder's image
Question added by Shahbaz Hayder Group Head of Finance Sharif Group of Companies
9 years ago
Answers:
23
Followers:
Views:
971
Vote Count:
5
Answer should contain a minimum of 25 characters.