Trending Financial Systems Discussions

 

Answer added by  وضاح يحي, مدير حساب, وزاره الماليه
10 days ago

Investment and stakeholders

 

Answer added by  AAMER ALI, Accounts Manager, Mehria Town pvt. Ltd
23 days ago

Option D is correct answer.

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

You pay a dividend, what happens on the cash flow statement and in which section?‎

  1. Cash increases - Investing section   2. Cash increases - Operating section   3. Cash decreases - Financing section   4. Cash increases - Financing section‎ ... See More

The sale for $2,000 of equipment that cost $8,000 and has accumulated depreciation of $6,700 would result in a?‎

a. gain of $2,000. b. gain of $700. c. loss of $700. d. loss of $1,300.‎

A company is being sued for $100,000. What would be recorded on the balance sheet?‎

    a. Nothing   b. $100,000 Set-aside Cash   c. $100,000 Liability   d. $100,000 Contingent Liability‎

Working capital is a measure of:‎

a.consistency. b.liquidity. c.profitability. d.solvency. e.none of the options listed‎

If beginning capital was $25,000, ending capital is $37,000, and owner's withdrawals were $23,000, the amount of net income / loss for the period was?‎

a.net loss of $35,000 b.net income of $35,000 c.net income of $14,000 d.net loss of $14,000‎

What does IAS Twelve deal with? ‎

1. inventories   2. Taxes   3. construction contracts   4. revenue    ‎

What kind of feasibility measures cost-effectiveness of a project or solution?‎

1. Schedule feasibility   2. Operational feasibility   3. Economic feasibility   4. Strategic feasibility   5. None of the above ‎