Search

Need help? examezone@gmail.com

In Stock

Test Bank For Intermediate Accounting Volume 2 Canadian 7th Edition By Beechy

ISBN-10 ‏ : ‎ 1260306755
ISBN-13 ‏ : ‎ 978-1260306750
Publisher ‏ : ‎ McGraw Hill Ryerson; 7th edition
Authors: Thomas Beechy, Joan Conrod, Elizabeth Farrell, Ingrid McLeod-Dick

Original price was: $50.00.Current price is: $25.00.

SKU:TB000755

Test Bank For Intermediate Accounting Volume 2 Canadian 7th Edition By Beechy

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

  1. 1) Conceptually, liabilities constitute a present obligation as a result of a past event and entail an

    expected future sacrifice of assets or services.

    A) True B) False

    Answer: B

  2. 2) Under ASPE, only legal obligations are recognized. A) True

    B) False Answer: B

  3. 3) A reasonable expectation on the part of a company’s stakeholders arising from a company’s past

    practices or behaviour may constitute a constructive obligation in certain instances.

    A) True B) False

    Answer: B

  4. 4) A contingency may become a provision if the likelihood of the contingent event greatly increases. A) True

    B) False Answer: B

  5. 5) Under IFRS, most financial liabilities are valued at Fair Value. A) True

    B) False Answer: B

  6. 6) An improvement to a company’s credit rating under IFRS will lead to a reduction in the carrying

    amount of any financial liabilities and a gain being reported in OCI.

    A) True B) False

    Answer: B

  7. 7) Loan guarantees are only recorded if they are likely to be paid. A) True

    B) False Answer: B

  8. 8) Accrued liabilities made due to routine operating expenses are not normally discounted. A) True

    B) False Answer: B

1

9) For a small population, the best estimate for the amount of a provision that must be recognized is

the expected value of the possible outcomes.

A) True B) False

Answer: B

10) Under IFRS, provisions are always recorded at their expected value. A) True

B) False Answer: B

Reviews

There are no reviews yet.

Write a review

Your email address will not be published. Required fields are marked *

Bestsellers

Quick Buy

Test Bank For Intermediate Accounting 15th Edition By Donald E.-Kieso

Original price was: $50.00.Current price is: $18.00.
(0 Reviews)
ISBN-10 ‏ : ‎ 1118147294 ISBN-13 ‏ : ‎ 978-1118147290 Publisher ‏ : ‎ John Wiley & Sons; 15th ed. edition Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Quick Buy

Test Bank For Intermediate Accounting 19th Edition Earl K Stice James D Stice

Original price was: $50.00.Current price is: $15.00.
(0 Reviews)
ISBN-13:9781133957911 978-1-133-95791-1 ISBN-10:1133957919 1-133-95791-9
Quick Buy

Test Bank For Intermediate Accounting David Spiceland James Sepe Mark Nelson 8th Edition

Original price was: $60.00.Current price is: $30.00.
(0 Reviews)
ISBN-10 ‏ : ‎ 0078025834 ISBN-13 ‏ : ‎ 978-0078025839 Publisher ‏ : ‎ McGraw-Hill Education Author: J David Spiceland
Quick Buy

Test Bank For Intermediate Accounting J David Spiceland 10 Edition

Original price was: $50.00.Current price is: $25.00.
(0 Reviews)
ISBN-10 ‏ : ‎ 1260481956 ISBN-13 ‏ : ‎ 978-1260481952 Publisher ‏ : ‎ McGraw Hill; 10th edition Author: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Quick Buy

Test Bank For Intermediate Accounting Reporting and Analysis 2017 Update 2e James M Wahlen Jefferson P Jones Donald P Pagach

Original price was: $50.00.Current price is: $25.00.
(0 Reviews)
ISBN-10 ‏ : ‎ 1337116610 ISBN-13 ‏ : ‎ 978-1337116619 Publisher ‏ : ‎ Cengage Learning; 2nd edition Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Quick Buy

Test Bank For Intermediate Accounting Vol 1, 3rd Edition

Original price was: $60.00.Current price is: $27.00.
(0 Reviews)
ISBN-10 ‏ : ‎ 0133865940 ISBN-13 ‏ : ‎ 978-0133865943 Publisher ‏ : ‎ Pearson; 3rd edition Author: Kin Lo, George Fisher
Quick Buy

Test Bank For Intermediate Accounting Volume 1, 7th Edition By Spiceland

Original price was: $55.00.Current price is: $28.00.
(0 Reviews)
ISBN-10 ‏ : ‎ 0077647092 ISBN-13 ‏ : ‎ 978-0077647094 Publisher ‏ : ‎ McGraw-Hill Education; 7th edition Author: Spiceland, Sepe, Nelson

 

 

Back to Top
Product has been added to your cart