Test
Georgiou Jack 2011:
Preguntas del test (5)
1Definitions of Measurement in CF
- AMeasurement is the process of quantifying, in monetary terms, information about an entity’s assets, liabilities, equity, income and expenses.
- BA measure is the result of measuring an asset, a liability, equity or an item of income or expense on a specified measurement basis.
- CA measurement basis is an identified feature of an item being measured (for example, historical cost, fair value or fulfilment value).
- DApplying a measurement basis to an asset or a liability creates a measure for that asset or liability and for any related income or expense.
- Eusing information derived from the transaction or event that created them
- Fdo not reflect changes in prices
- Gdo reflect changes such as the consumption or impairment
2Give the definition historical cost?
- Ausing information derived from the transaction or event that created them
- Bdo not reflect changes in prices
- Cdo reflect changes such as the consumption or impairment
- Dusing information that is updated to reflect conditions at the measurement date
- Ecurrent values capture any positive or negative changes
3Give the definition current value?
- Ausing information that is updated to reflect conditions at the measurement date
- Bcurrent values capture any positive or negative changes
- Cin estimates of cash flows and other factors
- Dvalue in use for assets and fulfilment value for iabilities
4Current value measurement bases include?
- Afair value
- Bvalue in use for assets and fulfilment value for liabilities
- Csignificant downward adjustment of Recoverable Amount
- Ddownward adjustment of Recoverable Amount
5What is the difference in historical cost-based values vis-ávis fair value-based values with regards to financial
reporting?- ABoekwaarde neemt naarmate de tijde verstrekt af doormiddel van afschrijving of impairment.
- BFair value wordt gemuteerd gebaseerd op de marktprijs die geldig is op de balansdatum. Fair value kan dalen of stijgen.
- CFair value is betrouwbaarder dan historische kostprijs
Información
- Descripción
- Georgiou Jack 2011:
- Autor
- Usuario eliminado
- Idioma
- English
- Visitas
- 8
- Historial
- Creado el 11 may 2019 · actualizado el 12 may 2019
- Etiquetas
- Valoración
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