According to IAS 38 Intangible assets, which of the following are intangible non-current assets in the financial statements of
Iota Co?
1 A patent for a new glue purchased for $20,000 by Iota Co
2 Development costs capitalised in accordance with IAS 383 A licence to broadcast a television series, purchased by Iota Co
for $150,0004 A state of the art factory purchased by Iota Co for $1.5million
A factory is a tangible asset as it has physical form. The others are intangible assets.
多做几道
Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal
use?
Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal
use?
According to the IASB's Conceptual Framework for Financial Reporting, which TWO of the following are part of faithful
representation?1 It is neutral2 It is relevant3 It is presented fairly4 It is free from material error
Which of the following accounting concepts means that similar items should receive a similar accounting treatment?
Listed below are some characteristics of financial information.1 Relevance2 Consistency3 Faithful representation4 Accuracy
Which of these are qualitative characteristics of financial information according to the IASB's Conceptual Framework for
Financial Reporting?
最新试题
该科目易错题
该题目相似题
