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We will give a summary of what you are to expect from the Financial Accounting past questions and answer PDF document which we have provided below before we provide you with the Download link for the subject. ANS: D, 24) Which of the following is not a real account? 854 0 obj <> endobj This is a rare opportunity you should take advantage of, please share this post to friends who might be in need of this study material. Download PDF Answers (1) The following financial statements relate to the Crest group for the year ended 31 March 2013: (Solved) The following financial statements relate to the Crest group for the year ended 31 March 2013: Date posted: February 14, 2019. Hello Kolade, you can download the past questions and solutions on the Skills/Application level by clicking the 'link' above. MODULE: BA5502: Financial Reporting DURATION: Three hours. Right here, we have countless ebook financial reporting multiple choice questions and answers and collections to check out. COVERAGE OF SYLLABUS An outline of how to use IAS 11, Construction Contracts in an exam question. Most of the questions have a clear answer but others can receive several emphases. The one that states: Application level_ Follow this link As soon as the page opens, scroll down to where the ICAN past questions are. Questions and answers This document is intended to be continually edited and updated as and when new questions are received. (b) Cash: N40. 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(a) Assets = capital + liabilities (b) capital = assets + liabilities (c) liabilities = assets + capital (d) assets = liabilities – equity ANS: A, 27) A system where a separate cash book is maintained for small payment is ____ (a) single entry (b) imprest (c) float (d) reimbursement ANS: B, 28) An analytical cash book is used to ___ (a) indicate sources of cash received (b) categorise petty cash payment (c) separate cash and bank balance (d) analyse amounts due from debtors ANS: B, 29) The sum of money given to a petty cashier out of which small payments are made is called (a) bonus (b) loan (c) advance (d) float ANS: D, 30) A rent of 250,000 was paid by John to his landlord by cheque. Events after the reporting date (IAS 10) Chapter 15. 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Scope is given to markers to award marks for alternative approaches to a question, including relevant comment, and … hެ�mo�8ǿ����%`(�t-v�v/n�:`��5RiR$�a����l'N�^1iK���WZ����Y�䡣" 864 0 obj <>/Filter/FlateDecode/ID[<035706A5ADE0884FBE71CFFDAA3AEF39><60CE320C0AB853468D9C5CF8ED34765C>]/Index[854 27]/Info 853 0 R/Length 74/Prev 592828/Root 855 0 R/Size 881/Type/XRef/W[1 3 1]>>stream This condition does not change the market value of the land at the end of the reporting … The widgets on … Your satisfaction is guaranteed. financial reporting multiple choice questions and answers PDF may not make exciting reading, but financial reporting multiple choice questions and answers is packed with valuable instructions, … Financial Accounting is one of the most interesting subjects for students in senior secondary schools that understands the principle. The following journal entries can be used to correct the error BA5502: Financial experts... 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