Consolidated and Separate Financial Statements. BC2-BC13) Examples (paras. This quiz will help you cover the theoretical and conceptual aspects of IAS 37 Provisions and Contingencies. Students who score over 70% get a certificate of assessment on IAS 37 from Eduyush.com This page is dedicated for UPSC/IAS Prelims from Current Affairs in the form of Daily Current Affairs Quiz.. Start studying V. IAS 37 - Provisions. FA Chapter 9 Questions – Inventory and IAS 2. 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. B. BC17) Scope (paras. D)A restructuring provision and related loss is more likely to occur later under IAS 37 than under U.S.GAAP. Quiz: Will You Pass Your Exams? C. FA Chapter 7 – No tests. Preview this quiz on Quizizz. 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. A. B)There is no difference between IAS 37 and U.S.GAAP with respect to restructuring provisions. 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. 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 6 Questions – Depreciation. IAS 37 Provisions and Contingencies. This quiz is a sample of our larger question bank of 50+ questions on IAS 37. ... What is IAS 37? [Skip Breadcrumb Navigation]: [Skip Breadcrumb Navigation] Home: Multiple choice questions: No Frames Version Multiple choice questions. 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 FA Chapter 10 Questions – Books of Prime Entry. FA Chapter 5 Questions – IAS 37 – Provisions, Contingent Liabilities and Contingent Assets. BC18-BC19) Quiz can be taken a total of 5 times. Learn vocabulary, terms, and more with flashcards, games, and other study tools. IAS 37: Implementation Guidance; IAS 37: Illustrative Examples; IAS 37: Basis for Conclusions. 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. Site Navigation; Navigation for Multiple c Daily Current Affairs Quiz UPSC IAS for 2019-20. Gs Quiz-1 [ias-2010] Gs Quiz-1 [ias-2010] Quiz: Will You Pass Your Exams? Onerous Contracts - Cost of Fulfilling a Contract (paragraph 68A) (BC1-BC21) BC1; The cost of fulfilling a contract (paras. 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