Answers to exam AMI MAP
1. The financial statements provides information on the following parameters of the organization:
2. The full list of the financial statements include:
3. Reports on environmental activities and reports on the value added:
4. User knowledge of the business activities and accounting initially assumed:
5. Inadequate IFRS accounting policy is explained by:
6. When the retreat from the IAS has continuing impact on the performance:
7. statements have been prepared on a going concern basis assumes that economic activity will continue for:
8. In June you have listed on the lease payment factory for October, November and December. You belong to the rent rate:
9. In June, the number of products you have purchased on credit, who pay in cash in March. In your reporting, in December it will be reflected:
10. The sequence of presentation of financial statements requires:
11. Recovery of provision should be recorded:
12. Each component of the financial statements should be clearly identified. In addition, should clearly disclose the following information:
13. Assets and liabilities in the balance sheet should be submitted to:
14. You need to refinance its long-term loan. The date of the balance sheet is June 30, you sign an agreement on refinancing in July and approved the financial statements in August. This loan is recorded as:
15. You are breaking the terms of long-term loans, as a result of the loan is reclassified to be immediately due on demand. The date of your balance sheet is on 30 June. The lender agrees not to demand repayment of the loan until June 30, giving you at least 12 months to remedy the violation. This loan is recorded as:
16. Deferred tax liabilities are always recorded as:
17. Professional judgment on the appropriateness of the individual to submit additional papers based on an assessment of:
18. Profit and loss statement shall contain the following items:
19. The following information:
20. The following report on profits and losses
21. Statement of changes in equity links:
22. An entity shall present a statement of changes in equity (and notes thereto), reflecting:
23. The notes shall:
24. Accounting estimates are needed to determine:
25. Examples of disclosures regarding uncertainties are:
26. The following information must be disclosed in the notes, if it was not reflected in any other parts of the financial statements:
27. Inventories are defined:
28. The net realizable value is defined as:
29. Fair value is defined as the amount for which:
30. The difference between the net selling price and the fair value is as follows:
...
209. The cost of an intangible asset that was initially recognized as an expense and included in prior interim or annual financial statements:
210. Intangible assets are recognized initially at: