Which of the following statement is not allowed under IAS 40（）
A. Following initial recognition, investment property can be held at either cost or fair value
B. If an investment property is held at fair value, this must be applied to all of the entity’s investment property
C. An investment property is initially measured at cost, including transaction costs
D. A gain or loss arising from a change in the fair value of an investment property should be recognised in other comprehensive income
查看答案
Which of the following would not NECESSARILY lead to a liability being classified as a current liability（）
A. The liability is expected to be settled in the course of the entity’s norma! operating cycle
B. The liability has arisen during the current accounting period
C. The liability is held primarily for the purpose of trading
D. The liability is due to be settled within 12 months after the end of the reporting period
The Conceptual Framework identifies an UNDERLYING ASSUMPTION in preparing financial statements. This is（）
A. Going concern
B. Materiality
C. Substance over form
D. Accruals
Which of the following would correctly describe the net realisable value of a two year old asset（）
A. The original cost of the asset less two years’ depreciation
B. The amount that could be obtained from selling the asset, less any costs of disposal
C. The cost of an equivalent new asset less two years’ depreciation
D. The present value of the future cash flows obtainable from continuing to use the asset
Which one of the following statements regarding systems of regulation of accounting is true（）
A principles-based system will require more detailed regulations than a rules-based system
B. A rules-based system will tend to give rise to a smaller number of accounting standards than a principles-based system
C. A principles-based system seeks to cover every eventuality
D. A principles-based system requires the exercise of more judgement in application than a rules-based system
微信支付 
支付宝支付