Featured Quizzes. IAS 37 Provisions and Contingencies. Start studying V. IAS 37 - Provisions. 3 thoughts on “ Quiz: IAS 2 Inventories (Conceptual) ” Mehtab Hassan July 11, 2016 at 12:58 pm. A. TRUE OR FALSEIAS 37 does not apply to financial instruments (including guarantees) that are within the scope of IFRS 9 - Financial Instruments ACCT 4120 - IAS 37 Contingent Liabilities DRAFT Quiz: Will You Pass Your Exams? Preview this quiz on Quizizz. D)A restructuring provision and related loss is more likely to occur later under IAS 37 than under U.S.GAAP. Onerous Contracts - Cost of Fulfilling a Contract (paragraph 68A) (BC1-BC21) BC1; The cost of fulfilling a contract (paras. BC2-BC13) Examples (paras. IAS 37: Implementation Guidance; IAS 37: Illustrative Examples; IAS 37: Basis for Conclusions. FA Chapter 9 Questions – Inventory and IAS 2. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Site Navigation; Navigation for Multiple c Gs Quiz-1 [ias-2010] Gs Quiz-1 [ias-2010] Quiz: Will You Pass Your Exams? Quiz can be taken a total of 5 times. BC18-BC19) IAS 37 - When should a provision be recognised (3) if, and only if: 1) An entity has a present obligation (legal or constructive) that has arisen as a result of a past event (the obligating event), 2) payment is probable ('more likely than not'), and 3) the amount can be estimated reliably. Question 1: IAS 37 Provisions and contingencies Adeel August 2, 2016 July 20, 2016 No Comments on Question 1: IAS 37 Provisions and contingencies Download (PDF, 375KB) FA Chapter 10 Questions – Books of Prime Entry. This page is dedicated for UPSC/IAS Prelims from Current Affairs in the form of Daily Current Affairs Quiz.. BC17) Scope (paras. Quiz: Which Anime Character Are You Most Like? C)IAS 37 does not allow recognition of a restructuring provision until a liability has been incurred. [Skip Breadcrumb Navigation]: [Skip Breadcrumb Navigation] Home: Multiple choice questions: No Frames Version Multiple choice questions. Financial Instruments: Presentation and Disclosure. ... What is IAS 37? You are just about to attempt the quiz about the IAS 37 Provisions and Contingencies. FA Chapter 8 Questions – Irrecoverable Debts and Allowances. This quiz will help you cover the theoretical and conceptual aspects of IAS 37 Provisions and Contingencies. BC14-16) Interaction with requirements for impaired assets (para. Daily Current Affairs Quiz UPSC IAS for 2019-20. B. Take our quiz on IAS 37 to assess yourself. FA Chapter 6 Questions – Depreciation. The questions would mostly be Current Affairs based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’.The questions are focused on both the concepts and facts. Consolidated and Separate Financial Statements. FA Chapter 5 Questions – IAS 37 – Provisions, Contingent Liabilities and Contingent Assets. C. FA Chapter 7 – No tests. 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