In accordance with IFRS 9 Financial Instruments, under what circumstances, can an entity classify financial assets that meet the amortised cost criteria as at fair value through profit or loss?
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .How should the proceeds from issuing a compound instrument be allocated between liability and equity components in accordance with IAS 32 Financial Instruments: Presentation?
A The liability component is measured at fair value and the remainder is allocated to the equity component B The equity component is measured at fair value and the remainder is allocated to the liability component C The fair values of both the components are estimated and the proceeds allocated prop...
2 .In the current financial year, Natamo has raised a loan for USD3m. The loan is repayable in 10 equal half-yearly instalments. The first instalment is due six months after the loan was raised.How should the loan be reported in Natamo’s next financial statements?
A As a current liability B As a non-current liability C As equity D As both a current and a non-current liability
3 .What is the finance charge to LMN’s profit or loss for the year ended 31 December 20X3?
A USD160,000 B USD248,000 C USD260,000 D USD274,000
4 .On 1 March 20X2 PQR purchased a debt instrument from the market for USD105,000, the par value of the instrument was USD100,000. At 31 December 20X2 the fair value of the instrument is USD112,000 and the amortised cost has been calculated to be USD104,000.PQR does not hold this type of asset for contractual cash flows.At what amount should the investment be included in PQR’s statement of financial position as at 31 December 20X2?
A USD100,000 B USD104,000 C USD105,000 D USD112,000
5 .On 1 January 20X2 XYZ issued USD1,000,000 4% convertible loan notes, at a discount of 95.The loan notes are redeemable in five years at a premium of 10%.What are the total finance costs that should be charged to profit or loss over the fiveyear term of the convertible loan notes?
A USD350,000 B USD345,000 C USD250,000 D USD200,000
7 .A company is to publish the following additional statements, all of which are consistent with the statement of comprehensive income and the statement of financial position.(1) Directors’ report(2) Chairman’s report(3) Statement of cash flow(4) Value added statement(5) Five year summary of past resultsOn which of these statements does the auditor issue an individual report?
A 1, 2 & 3 only B 3 only C 4 & 5 only D None
8 .Which of the following identifies when the letter of engagement should be sent to a new clients?
A Before the auditor formally accepts appointment and should be reviewed annually although it remains effective until replaced B As soon as possible after appointment and should be reviewed annually although it remains effective until replaced C Before the auditor formally accepts appointment and mu...
9 .The following are the general stages of an audit.(1) Ascertain the system(2) Record the system(3) Evaluate controls(4) Select and perform tests of transactions and balances(5) Select and perform tests of controls(6) Select and perform restricted tests of transactions and balances(7) Overall reviewImmediately after which stage would the auditor normally perform “walk-through tests”?
A Stage 2 B Stage 3 C Stage 5 D Stage 1
10 .Fraudulent collusion is described by ISAs as a limitation on the effectiveness of internal controls.What specific action should an auditor normally take in respect of the risk of fraudulent collusion?
A No action beyond the normal testing of transactions and balances B Design specific compliance tests to ensure that the controls over authorisation and segregation of duties are effective C Require that management institutes adequate separation of the functions ofauthorisation, execution, custody a...
