Scribd
Upload
19 views1 page

CFAS Chapter 22 Problem 2

Uploaded by

jelou ubag
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
19 views1 page

CFAS Chapter 22 Problem 2

Uploaded by

jelou ubag
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

CFAS Chapter 22 Problem 2

1. According to PFRS 5, held for sale classification is permitted when a and b (a-the noncurrent
asset or disposal group is available for immediate sale in its present condition; b-the sale is
highly probable)
2. According to PFRS 5, assets held for sale are measured at lower of b and c (b-fair value
fewer costs to sell; c-carrying amount)
3. According to PFRS 5, a disposal group may qualify as discontinued operations if a and b (a-ut
is a component of an entity; b-it meets the held for sale classification criteria)
4. The results of discontinued operations are presented in the statement of profit or loss after
the profit or loss from continuing operations but before the profit for the year.
5. Which of the following is included in profit from continuing operations? Income tax expense

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy