Conceptual framework
Authored by Ashley Pietersen
Other
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Conceptual framework is in terms of?
IAS16
IAS1
IAS36
IAS38
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Relevant & faithful representation is part of the?
Definition
Expenses
Conclusion
Recognition criteria
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The elements for faithful representation is:
Neutral, complete & correct
Complete, neutral & free from error
Complete, neutral & biased
Reliably measured, inflow/outflow of economic benefits & completeness.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Existence, probability & certainty is part of?
Relevant
faithful representation
Occurrence
Definition
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The conceptual framework applicable for Accf371 is
2010
1991
1871
2018
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Expenses increase equity and decrease assets
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If the definition is not met we still consider the recognition criteria
True
False
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