UEH LẬP BÁO CÁO TÀI CHÍNH THEO IFRS FILE ĐỀ LMS TIẾNG ANH CHAP 1 2 3

LMS TIẾNG ANH CHƯƠNG 123 TỔNG HỢP. Vì môn này rất khó nên cần ôn kỹ, làm bài tập nhiều. Chú ý ở những phần ít được học ở chương 4 trở về sau. LMS TIẾNG ANH CHƯƠNG 123 TỔNG HỢP. Vì môn này rất khó nên cần ôn kỹ, làm bài tập nhiều. Chú ý ở những phần ít được học ở chương 4 trở về sau. LMS TIẾNG ANH CHƯƠNG 123 TỔNG HỢP. Vì môn này rất khó nên cần ôn kỹ, làm bài tập nhiều. Chú ý ở những phần ít được học ở chương 4 trở về sau. LMS TIẾNG ANH CHƯƠNG 123 TỔNG HỢP. Vì môn này rất khó nên cần ôn kỹ, làm bài tập nhiều. Chú ý ở những phần ít được học ở chương 4 trở về sau. LMS TIẾNG ANH CHƯƠNG 123 TỔNG HỢP. Vì môn này rất khó nên cần ôn kỹ, làm bài tập nhiều. Chú ý ở những phần ít được học ở chương 4 trở về sau.

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Bắt đầu vào lúc Sunday, 21 August 2022, 1:07 PM

Trạng thái Đã xong

Kết thúc lúc Sunday, 21 August 2022, 1:13 PM

Thời gian thực hiện 6 phút 28 giây

Điểm 5,00/5,00 Điểm 10,00 trên 10,00 (100%)Câu Hỏi 1 Hoàn thành Đạt điểm 1,00 trên 1,00

According to IFRS 10, the basis for consolidation is …

a Control

b Regulatory requirements

c Size of share capital of the investee

d Number of employees

Câu Hỏi 2 Hoàn thành Đạt điểm 1,00 trên 1,00

IFRS 10- Consolidated nancial statement sets out how to determine whether one entity has control overanother entity Which of the following statements is in accordance with either IFRS 10 de nition control orwith the guidance prescribed to help identify whether control exists over another entity?

a The investor must have existing rights that give the current ability to direct relevant activities of the other entity.

b The investor must be represented on the board of directors or governing body of the other entity.

c The investor must be the only party that receives variable returns from the other entity.

d The investor must be have greater than 50% of the voting rights in the other entity.

Thư 31191024027 - Hoàng Lê Anh

Nhà của tôi  Các khoá học của tôi  KTQT3- Sáng 4- B2-807 (10/8)  Chapter 1- Overview  KTTA-1

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Which of the following does not result in a business combination for Pryor Ltd.?

a Pryor acquired 65% of Kelly Co.'s voting shares

b Pryor made a basket purchase of 40% of Neilly Ltd.'s assets

c Pryor acquired an operating division of Nyle Ltd

d Pryor acquired all the assets of Burchak Ltd

Company A owns 80% Company B which owns 70% Company C How many percent does non-controllinginterest account for in Company C?

a 30%

b 44%

c 20%

d 50%

The power of an investor over an investee is signi cant in uent, exhibiting that

a The investor can appoint a majority of investee’ board of director

b The investor can participate in the policy making process of the investee

c The investor owns more than 20% of the investee’s equity capital

d The investor owns more than 50% of the investee’s equity capital

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Câu Hỏi 1 Hoàn thành Đạt điểm 1,00

IFRS 10- Consolidated nancial statement sets out how to determine whether one entity has control overanother entity Which of the following statements is in accordance with either IFRS 10 de nition control

or with the guidance prescribed to help identify whether control exists over another entity?

a The investor must be have greater than 50% of the voting rights in the other entity.

b The investor must be the only party that receives variable returns from the other entity.

c The investor must be represented on the board of directors or governing body of the other entity.

d The investor must have existing rights that give the current ability to direct relevant activities of the other entity.

IAS 28 shall be applied by all entities that are investors with an investee

a Signi cant in uence over

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The power of an investor over an investee is signi cant in uent, exhibiting that

a The investor can participate in the policy making process of the investee

b The investor owns more than 20% of the investee’s equity capital

c The investor owns more than 50% of the investee’s equity capital

d The investor can appoint a majority of investee’ board of director

Company A owns 80% Company B which owns 70% Company C How many percent does non-controllinginterest account for in Company C?

a 44%

b 50%

c 20%

d 30%

According to IFRS 10, the basis for consolidation is …

a Number of employees

b Control

c Regulatory requirements

d Size of share capital of the investee

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Investor has signi cant in uence to participate in the nancial and operating policy decisions of the

investee The investee is a/an of the investor?

a Subsidiary

b Associate

c Joint venture

d Long term investments

Control is the power:

a Appoint board members in proportion to your shareholding.

b To govern the nancial and operating policies of an undertaking.

c To control more than 40% of the ordinary shares.

d To control more than 50% of net assets.

Vi 31191024247 - Trần Thúy

Nhà của tôi  Các khoá học của tôi  KTQT3- Sáng 4- B2-807 (10/8)  Chapter 1- Overview  KTTA-1

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Which of the following companies would qualify to be regarded as subsidiaries of Alpha? (i)Beta in whichAlpha has 15% votes and a place on the board of directors; (ii) Delta in which Alpha has 52% votes but noplace on the board of directors; (iii) Gamma in which Alpha has 25% shares and two places on the board

of directors; (iv) Theta in which Alpha holds 100% votes and all places on the board of directors

a ii&iii

b (ii) & (i)

c ii&iv

d i&iii

In which of these cases is B not a subsidiary of A?

a A owns 35% of the shares of B and owns 100% of the shares of C, where C has 25% of the shares in B

b A owns 55% of the shares of B and another shareholder C has 45% of the shares of B, where A has written

a substantive call option to C for 10% of the shares of B

c A owns 45% of the voting rights of B and has an agreement with a 15% shareholder C to vote for his right

d A owns 45% of the voting rights of B, while all other shares are distributed over numerous shareholders, with no other shareholder having more than 1% of the share

Joint control is the contractually agreed sharing of control of an arrangement, which exists only when

decisions about the relevant activities require the _ of the parties sharing control

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Bắt đầu vào lúc Saturday, 3 September 2022, 1:01 AM

Kết thúc lúc Saturday, 3 September 2022, 1:14 AM

Which of the following statement(s) apply when consolidating statements of nancial position: (a) All company balances should be cancelled; (b) The group share of the whole of subsidiary’s pro t is included

inter-within group pro t; (c) Inter company pro t should be eliminated unless it is realised by sale to an outsider;(d) Subsidiary’s asset values need to be updated at the end of each accounting period

a b & c

b a & c

c a & b

d a & d

Nhà của tôi  Các khoá học của tôi  KTQT3- Sáng 4- B2-807 (10/8)  Chapter 2- IFRS 3  KT-TA2

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Though a subsidiary is only partly owned, the whole of the subsidiary’s sales, cost of sale and expenses areaggregated with those of the parent to report the group’s income and expenses Which one or more of thefollowing is/ are the justi cation for this? (a) That is how it is expected to be done, (b) That is a legal

requirement, (c) Otherwise the group would appear to be doing poorly with adverse e ect on share price,(d) To report the income generated by and expenses incurred by the group as a whole

a a & c

b d

c b

d b & d

Which of the following statements is not a key feature of the acquisition method?

a The cost of business combination being measured at fair value of the net assets received from the acquiree

b The acquired identi able net assets being measured at the fair value

c An acquirer being identi ed for each business combination

d The goodwill being measured as the consideration transferred plus the amount of any NCI interest plus the fair value of any previously held equity intersest in the acquire less the fair value of the identi able net assets acquired.

For an adjustment to the cost of the combination contingent on future events, the acquirer must include theamount of that adjustment in the cost of the combination at the acquisition date, if the adjustment is:

a Probable and can be measured reliably.

b Receivable within one year

c Certain and exactly measurable.

d Payable within one year.

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A combination may involve: (i) The purchase of the equity of another undertaking; (ii) The purchase of all thenet assets of another undertaking; (iii) The assumption of the liabilities of another undertaking (iv)The

purchase of some of the net assets of another undertaking, that together form one or more businesses

(v)The purchase of assets from a rm in liquidation

a i – iv

b i – iii

c ii – iii

d i – v

With regard to preparing consolidated income statement which of the following statements are correct?(i)Only the group portion of subsidiary’s sales, cost of sales and expenses are included (ii)Non controlling

interest is identi ed immediately after consolidating operating pro t (iii)Consolidated movement of equityincludes only the parent company’s dividend (iv)Only the group portion of the subsidiary’s post acquisitionpro t in brought forward in the consolidated movement of equity

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With regard to preparing consolidated statements of nancial position which of the following statements is /are correct?(i) the consolidated statement of nancial position reports only parent’s goodwill;(ii) Any

unrealized pro t made by a subsidiary should be eliminated from its pro t;(iii) An amount owed to each

other within the group needs to be cancelled;(iv) Only the group portion of any unrealised pro t need be

When preparing a consolidated statement of nancial position the identi able non monetary assets of thesubsidiary need to be fair valued for which of the following reason / reasons?(i) To inform the acquired

company what its assets are worth in the market; (ii) To comply with the practice followed over the years; (iii)

To report each of the subsidiary’s assets at what it cost the group to acquire; (iv) To identify the amount paidfor goodwill as the residual not attributed to other assets

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Bắt đầu vào lúc Saturday, 3 September 2022, 12:38 PM

Kết thúc lúc Saturday, 3 September 2022, 12:43 PM

Which of the following statement(s) is / are correct with regard to preparation of consolidated nancial

Statement? (a)To be a subsidiary a parent should hold 100% of its equity shares; (b)Consolidation merely

addition together of two Statements of nancial position; (c)In consolidation a subsidiary and an associateare treated identically; (d)Consolidated balance sheet excludes assets not owned by the group

a none

b a & b

c b & c

d a & b

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Though a subsidiary is only partly owned, the whole of the subsidiary’s sales, cost of sale and expenses areaggregated with those of the parent to report the group’s income and expenses Which one or more of thefollowing is/ are the justi cation for this?

a To report the income generated by and expenses incurred by the group as a whole.

b That is a legal requirement

c Otherwise the group would appear to be doing poorly with adverse e ect on share price

d That is how it is expected to be done

An investor issues it’s shares to acquire an investee’s share The cost of this investment is priorly measuredvia

a The fair value of investor’s shares issued

b The norminal value of investee’s shares acquired

c The fair value of investee’s shares acquired

d The norminal value of investor’s shares issued

In acquiring Au Ltd., Ag Ltd included a provision for contingent consideration The value of this

consideration will be determined by an event that will occur after the acquisition date How should the

recognition of the amount of the contingency be accounted for?

a As a gain/loss on comprehensive income statement

b As an adjustment to goodwill

c As an adjustment to retained earnings

d As an adjustment to the share capital

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The objective of IFRS 11 is to by entities that have an interest in joint arrangements

a Establish principles for nancial reporting

b Achieve uniformity in the accounting policies used

c Unify the accounting techniques used

d Regulate accounting policy to be applied

With regard to preparing consolidated statements of nancial position which of the following statements is /are correct? (a) the consolidated statement of nancial position reports only parent’s goodwill; (b) Any

unrealized pro t made by a subsidiary should be eliminated from its pro t; (c) An amount owed to each

other within the group needs to be cancelled; (d) Only the group portion of any unrealised pro t need be

When preparing a consolidated statement of nancial position any pro t made by one member of the

group against another should be eliminated unless it has been realised by disposal to some one outside thegroup Which of the following is / are the reason(s) for this? (a) Because an entity cannot make a pro t

against its own self; (b) Because it is fashionable to do so; (c) Because subsidiary’s assets needs to be

reported at the amount each cost the group; (d) Because the unsold goods may have to be returned to theparty purchased from

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Statement? (i) To be a subsidiary a parent should hold 100% of its equity shares; (ii)Consolidation merely

addition together of two Statements of nancial position; (iii) In consolidation a subsidiary and an associateare treated identically; (iv) Consolidated balance sheet excludes assets not owned by the group

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Which accounting method is applied for investment in subsidiaries on separate nacial statements?

a Cost method

b Acquisition method

c Equity method

d Consolidation method

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Which of the following statements are incorrect with regard to preparation of a consolidated statement ofnancial position? (i) Gain on fair valuation of a subsidiary’s asset is a pre-acquisition pro t, (ii) Non

controlling interest does not deserve any portion of fair valuation gain; (iii) If an asset is not reported in thesubsidiary’s ledger it need not be fair valued, (iv) Gain on fair valuation of subsidiary’s asset in ates the cost

of goodwill

a ii, iii & iv

b i & ii & iii

c ii & iii

d i & iv

Which of the following statements are incorrect with regard to preparation of a consolidated statement ofnancial position? (a) Gain on fair valuation of a subsidiary’s asset is a pre-acquisition pro t; (b) Non

controlling interest does not deserve any portion of fair valuation gain; (c) If an asset is not reported in thesubsidiary’s ledger it need not be fair valued; (d) Gain on fair valuation of subsidiary’s asset in ates the cost

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Which of the following statement(s) apply when consolidating statements of nancial position i)All company balances should be cancelled; (ii) The group share of the whole of subsidiary’s pro t is included

inter-within group pro t; (iii) Inter company pro t should be eliminated unless it is realised by sale to an outsider;(iv) Subsidiary’s asset values need to be updated at the end of each accounting period

a ii & iii

b ii & iv

c i & ii

d i & iii

Applying the acquisition method involves the following steps: (i)Identifying an acquirer; (ii)Measuring the

cost of the combination (iii)Allocating, at the acquisition date, the cost of the combination to the assets

acquired and liabilities and contingent liabilities assumed (iv)Amortising the goodwill

a i – ii

b i – iii

c i – iv

d ii – iii

When a parent entity has previously held an investment in a subsidiary prior to gaining control the e ect onthe consolidation process is as follows:

a The change in the fair value of the previously held interest is recognised in retained earnings

b There is no impact

c The change in the fair value of the previously held interest is recognised in pro t or loss

d The change in the fair value of the previously held interest is recognised in other comprehensive income

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When preparing a consolidated Statement of nancial position the identi able non monetary assets of thesubsidiary need to be fair valued Which of the following assets of the subsidiary need to be fair valued? (i)Land and building appearing in the books of the subsidiary; (ii) Trade receivables reported on the

subsidiary’s balance sheet; (iii) Brand name the cost relating to which the subsidiary has already fully written

o ; (iv) Inventory reported on the subsidiary’s statement of nancial position

a ii & iii & iv

b i, ii & iii

c i, iii & iv

d ii & iii

In relation to goodwill arising from a business combination, which of the following statements in accordancewith IFRS 3 Business Combination

a Goodwill should be amortised on a straight – line basis over its useful life

b Goodwill should be measured at cost less accumulated impairment losses

c Goodwill should be measured as cost less accumulated amortization

d Goodwill is only tested for impairment if circumstances indicate it may be impaired

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a There is no impact

b The change in the fair value of the previously held interest is recognised in other comprehensive income

d The change in the fair value of the previously held interest is recognised in retained earnings

Which accounting method is applied for investment in subsidiaries on separate nacial statements?

a Cost method

b Equity method

c Acquisition method

d Consolidation method

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Which of the following statement(s) apply when consolidating statements of nancial position: (a) All company balances should be cancelled; (b) The group share of the whole of subsidiary’s pro t is includedwithin group pro t; (c) Inter company pro t should be eliminated unless it is realised by sale to an outsider;(d) Subsidiary’s asset values need to be updated at the end of each accounting period

inter-a a & d

b a & b

c a & c

d b & c

When preparing a consolidated statement of nancial position any pro t made by one member of thegroup against another should be eliminated unless it has been realised by disposal to some one outside thegroup Which of the following is / are the reason(s) for this? (a) Because an entity cannot make a pro tagainst its own self; (b) Because it is fashionable to do so; (c) Because subsidiary’s assets needs to be

a b, c & d

b a & c

c c & d

d a, b & c

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A combination may involve: (i) The purchase of the equity of another undertaking; (ii) The purchase of all thenet assets of another undertaking; (iii) The assumption of the liabilities of another undertaking (iv)Thepurchase of some of the net assets of another undertaking, that together form one or more businesses.(v)The purchase of assets from a rm in liquidation

a ii – iii

b i – iv

c i – v

d i – iii

The objective of IFRS 11 is to by entities that have an interest in joint arrangements

a Regulate accounting policy to be applied

b Establish principles for nancial reporting

c Unify the accounting techniques used

d Achieve uniformity in the accounting policies used

Which of the following statement(s) is / are correct with regard to preparation of consolidated nancialStatement? (a)To be a subsidiary a parent should hold 100% of its equity shares; (b)Consolidation merelyaddition together of two Statements of nancial position; (c)In consolidation a subsidiary and an associateare treated identically; (d)Consolidated balance sheet excludes assets not owned by the group

a none

b b & c

c a & b

d a & b

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With regard to preparing consolidated income statement which of the following statements are correct?(i)Only the group portion of subsidiary’s sales, cost of sales and expenses are included (ii)Non controllinginterest is identi ed immediately after consolidating operating pro t (iii)Consolidated movement of equityincludes only the parent company’s dividend (iv)Only the group portion of the subsidiary’s post acquisitionpro t in brought forward in the consolidated movement of equity.

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a The norminal value of investee’s shares acquired

b The norminal value of investor’s shares issued

c The fair value of investee’s shares acquired

d The fair value of investor’s shares issued

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Which of the following statement(s) apply when consolidating statements of nancial position i)All company balances should be cancelled; (ii) The group share of the whole of subsidiary’s pro t is included

inter-within group pro t; (iii) Inter company pro t should be eliminated unless it is realised by sale to an outsider;(iv) Subsidiary’s asset values need to be updated at the end of each accounting period

a ii & iii

b i & ii

c ii & iv

d i & iii

a As an adjustment to the share capital

b As an adjustment to retained earnings

c As a gain/loss on comprehensive income statement

d As an adjustment to goodwill

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a Receivable within one year

b Probable and can be measured reliably.

c Payable within one year.

d Certain and exactly measurable.

When preparing a consolidated statement of nancial position the identi able non monetary assets of thesubsidiary need to be fair valued for which of the following reason / reasons?(i) To inform the acquired

company what its assets are worth in the market; (ii) To comply with the practice followed over the years; (iii)

To report each of the subsidiary’s assets at what it cost the group to acquire; (iv) To identify the amount paidfor goodwill as the residual not attributed to other assets

a iii & iv

b ii & iii;

c i & iii

d ii & iv;

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of goodwill

a ii & iii

b i & iv

c i & ii & iii

d ii, iii & iv

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Bắt đầu vào lúc Sunday, 4 September 2022, 4:54 PM

Kết thúc lúc Sunday, 4 September 2022, 4:58 PM

unrealized pro t made by a subsidiary should be eliminated from its pro t;(iii) An amount owed to each

other within the group needs to be cancelled;(iv) Only the group portion of any unrealised pro t need be

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Though a subsidiary is only partly owned, the whole of the subsidiary’s sales, cost of sale and expenses areaggregated with those of the parent to report the group’s income and expenses Which one or more of thefollowing is/ are the justi cation for this? (a) That is how it is expected to be done, (b) That is a legal

requirement, (c) Otherwise the group would appear to be doing poorly with adverse e ect on share price,(d) To report the income generated by and expenses incurred by the group as a whole

a b

b a & c

c d

d b & d

When preparing a consolidated Statement of nancial position the identi able non monetary assets of thesubsidiary need to be fair valued Which of the following assets of the subsidiary need to be fair valued? (i)Land and building appearing in the books of the subsidiary; (ii) Trade receivables reported on the

subsidiary’s balance sheet; (iii) Brand name the cost relating to which the subsidiary has already fully written

o ; (iv) Inventory reported on the subsidiary’s statement of nancial position

a i, iii & iv

b ii & iii

c i, ii & iii

d ii & iii & iv

a The change in the fair value of the previously held interest is recognised in retained earnings

b The change in the fair value of the previously held interest is recognised in other comprehensive income

d There is no impact

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a The norminal value of investor’s shares issued

b The fair value of investee’s shares acquired

c The fair value of investor’s shares issued

d The norminal value of investee’s shares acquired

Statement? (a)To be a subsidiary a parent should hold 100% of its equity shares; (b)Consolidation merely

addition together of two Statements of nancial position; (c)In consolidation a subsidiary and an associateare treated identically; (d)Consolidated balance sheet excludes assets not owned by the group

a a & b

b a & b

c none

d b & c

With regard to preparing consolidated statements of nancial position which of the following statements is /are correct? (a) the consolidated statement of nancial position reports only parent’s goodwill; (b) Any

unrealized pro t made by a subsidiary should be eliminated from its pro t; (c) An amount owed to each

other within the group needs to be cancelled; (d) Only the group portion of any unrealised pro t need be

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a As an adjustment to the share capital

b As a gain/loss on comprehensive income statement

c As an adjustment to retained earnings

d As an adjustment to goodwill

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Bắt đầu vào lúc Sunday, 4 September 2022, 4:59 PM

Kết thúc lúc Sunday, 4 September 2022, 5:04 PM

In relation to goodwill arising from a business combination, which of the following statements in accordancewith IFRS 3 Business Combination

a Goodwill should be amortised on a straight – line basis over its useful life

b Goodwill is only tested for impairment if circumstances indicate it may be impaired

c Goodwill should be measured at cost less accumulated impairment losses

d Goodwill should be measured as cost less accumulated amortization

a The acquired identi able net assets being measured at the fair value

b The goodwill being measured as the consideration transferred plus the amount of any NCI interest plus the fair value of any previously held equity intersest in the acquire less the fair value of the identi able net assets acquired.

c The cost of business combination being measured at fair value of the net assets received from the acquiree

d An acquirer being identi ed for each business combination

Vy 31191024304 - Nguyễn Thị Bích

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When preparing a consolidated statement of nancial position any pro t made by one member of the

group against another should be eliminated unless it has been realised by disposal to some one outside thegroup Which of the following is / are the reason(s) for this? (a) Because an entity cannot make a pro t

against its own self; (b) Because it is fashionable to do so; (c) Because subsidiary’s assets needs to be

a a, b & c

b c & d

c b, c & d

d a & c

Which of the following statement(s) apply when consolidating statements of nancial position: (a) All company balances should be cancelled; (b) The group share of the whole of subsidiary’s pro t is included

inter-within group pro t; (c) Inter company pro t should be eliminated unless it is realised by sale to an outsider;(d) Subsidiary’s asset values need to be updated at the end of each accounting period

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of goodwill

a ii, iii & iv

b ii & iii

c i & iv

d i & ii & iii

a Certain and exactly measurable.

b Receivable within one year

c Payable within one year.

d Probable and can be measured reliably.

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Bắt đầu vào lúc Monday, 5 September 2022, 9:44 AM

Kết thúc lúc Monday, 5 September 2022, 9:50 AM

Which of the following statement(s) apply when consolidating statements of nancial position: (a) All company balances should be cancelled; (b) The group share of the whole of subsidiary’s pro t is includedwithin group pro t; (c) Inter company pro t should be eliminated unless it is realised by sale to an outsider;(d) Subsidiary’s asset values need to be updated at the end of each accounting period

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a The fair value of investee’s shares acquired

b The fair value of investor’s shares issued

c The norminal value of investee’s shares acquired

d The norminal value of investor’s shares issued

When preparing a consolidated statement of nancial position any pro t made by one member of thegroup against another should be eliminated unless it has been realised by disposal to some one outside thegroup Which of the following is / are the reason(s) for this? (a) Because an entity cannot make a pro tagainst its own self; (b) Because it is fashionable to do so; (c) Because subsidiary’s assets needs to be

a b, c & d

b a, b & c

c c & d

d a & c

a The acquired identi able net assets being measured at the fair value

b An acquirer being identi ed for each business combination

c The cost of business combination being measured at fair value of the net assets received from the acquiree

d The goodwill being measured as the consideration transferred plus the amount of any NCI interest plus the fair value of any previously held equity intersest in the acquire less the fair value of the identi able net assets acquired.

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A combination may involve: (i) The purchase of the equity of another undertaking; (ii) The purchase of all thenet assets of another undertaking; (iii) The assumption of the liabilities of another undertaking (iv)Thepurchase of some of the net assets of another undertaking, that together form one or more businesses.(v)The purchase of assets from a rm in liquidation

a i – v

b i – iii

c ii – iii

d i – iv

unrealized pro t made by a subsidiary should be eliminated from its pro t;(iii) An amount owed to eachother within the group needs to be cancelled;(iv) Only the group portion of any unrealised pro t need beeliminated

a i & iii

b i & ii

c iii & iv

d ii & iii

Though a subsidiary is only partly owned, the whole of the subsidiary’s sales, cost of sale and expenses areaggregated with those of the parent to report the group’s income and expenses Which one or more of thefollowing is/ are the justi cation for this?

a That is a legal requirement

b Otherwise the group would appear to be doing poorly with adverse e ect on share price

c That is how it is expected to be done

d To report the income generated by and expenses incurred by the group as a whole.

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Which of the following statement(s) is / are correct with regard to preparation of consolidated nancialStatement? (i) To be a subsidiary a parent should hold 100% of its equity shares; (ii)Consolidation merelyaddition together of two Statements of nancial position; (iii) In consolidation a subsidiary and an associateare treated identically; (iv) Consolidated balance sheet excludes assets not owned by the group

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Bắt đầu vào lúc Thursday, 15 September 2022, 3:34 PM

Kết thúc lúc Thursday, 15 September 2022, 3:44 PM

A building has a cost in the books of the acquiree of $200m It is being depreciated over 20 years, the length

of the lease After 15 years, you buy the company and fair value the property at $400m In the consolidatedbooks of account, annual depreciation will be recorded as:

a $27m

b $10m.

c $80m

d $20m

Nhà của tôi  Các khoá học của tôi  KTQT3- Sáng 4- B2-807 (10/8)  Chapter 3- Consolidation method  KTTA-3-CM

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In an accounting period, a parent company has pre-tax pro ts of £5 m and pro ts after tax of £3.5 m Its

75% subsidiary has pre-tax pro ts of £2 m and pro ts after tax of £1.4 m The pro t attributable to the controlling interest is:

non-a £1,750,000

b £500,000

c £1,225,000

d £350,000

When would it be more advantageous for a purchaser to acquire a company's assets rather than its shares?

a The company to be acquired has large tax loss carryovers that it will be unable to use

b The purchaser plans to retain the acquired enterprise as a separate entity.

c The company to be acquired has capital assets that have fair values which exceed their book values.

d The book value of the seller's shares is lower than the market value of the shares

Which of the following is not an example of an intra-group balance?

a A trade receivable owing to a subsidiary by an individual who is one of its customers

b A trade payable owing to a subsidiary by its parent company

c A loan made by one subsidiary to another

d A loan made by a parent company to a subsidiary

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Tiêu đề	UEH Lập Báo Cáo Tài Chính Theo IFRS
Trường học	UEH
Chuyên ngành	International Finance
Thể loại	Quiz
Năm xuất bản	2022

Định dạng
Số trang	97
Dung lượng	7,41 MB