BC17) Scope (paras. Onerous Contracts - Cost of Fulfilling a Contract (paragraph 68A) (BC1-BC21) BC1; The cost of fulfilling a contract (paras. A. Quiz: Which Anime Character Are You Most Like? B. FA Chapter 10 Questions â Books of Prime Entry. FA Chapter 5 Questions â IAS 37 â Provisions, Contingent Liabilities and Contingent Assets. Start studying V. IAS 37 - Provisions. The questions would mostly be Current Affairs based on sources like âThe Hinduâ, âIndian Expressâ and âPIBâ.The questions are focused on both the concepts and facts. ... What is IAS 37? Featured Quizzes. Quiz: Will You Pass Your Exams? Gs Quiz-1 [ias-2010] Gs Quiz-1 [ias-2010] Quiz: Will You Pass Your Exams? BC18-BC19) 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 Students who score over 70% get a certificate of assessment on IAS 37 from Eduyush.com FA Chapter 8 Questions â Irrecoverable Debts and Allowances. Financial Instruments: Presentation and Disclosure. This quiz is a sample of our larger question bank of 50+ questions on IAS 37. B)There is no difference between IAS 37 and U.S.GAAP with respect to restructuring provisions. 3 thoughts on â Quiz: IAS 2 Inventories (Conceptual) â Mehtab Hassan July 11, 2016 at 12:58 pm. IAS 37: Implementation Guidance; IAS 37: Illustrative Examples; IAS 37: Basis for Conclusions. BC2-BC13) Examples (paras. You are just about to attempt the quiz about the IAS 37 Provisions and Contingencies. Quiz can be taken a total of 5 times. FA Chapter 9 Questions â Inventory and IAS 2. IAS 37 Provisions and Contingencies. BC14-16) Interaction with requirements for impaired assets (para. Site Navigation; Navigation for Multiple c This page is dedicated for UPSC/IAS Prelims from Current Affairs in the form of Daily Current Affairs Quiz.. FA Chapter 7 â No tests. This quiz will help you cover the theoretical and conceptual aspects of IAS 37 Provisions and Contingencies. 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 5 Questions IAS 37 â Provisions, Contingent Liabilities and Contingent Assets Spread the word Please spread the word so more students can benefit from our study materials. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Take our quiz on IAS 37 to assess yourself. Preview this quiz on Quizizz. C. Amazing work Sir.short and summarized and the method of delivering the knowledge via question wise is very nice because in this case Users of the website is not going to forget in the future. C)IAS 37 does not allow recognition of a restructuring provision until a liability has been incurred. FA Chapter 6 Questions â Depreciation. D)A restructuring provision and related loss is more likely to occur later under IAS 37 than under U.S.GAAP. Consolidated and Separate Financial Statements. [Skip Breadcrumb Navigation]: [Skip Breadcrumb Navigation] Home: Multiple choice questions: No Frames Version Multiple choice questions. 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