CHAPTER 2
CONCEPTUAL FRAMEWORK FOR FINANCIAL
REPORTING
IFRS questions are available at the end of this chapter.
TRUE-FALSEConceptual
Answer
T
T
F
T
F
T
F
T
T
F
F
F
T
T
F
F
T
T
F
F
No.
Description
1.
2.
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4
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17.
1
CHAPTER 5
BALANCE SHEET AND STATEMENT OF CASH FLOWS
IFRS questions are available at the end of this chapter.
TRUE-FALSEConceptual
Answer
F
T
T
T
T
F
T
F
F
T
T
T
F
T
F
F
F
T
F
F
No.
Description
1.
2.
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4.
5.
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7.
8.
9.
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CHAPTER 1
FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS
IFRS questions are available at the end of this chapter.
TRUE-FALSE-Conceptual
Answer
F T T T F F F F T T F F T T F T F T T F
No.
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20
ES 2 1 1
ANSWE EEET
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CHAPTER 4
INCOME STATEMENT AND RELATED INFORMATION
IFRS questions are available at the end of this chapter.
TRUE-FALSEConceptual
Answer
T
F
F
T
T
T
T
F
T
F
T
F
F
T
T
F
T
T
F
T
No.
Description
1.
2.
3.
4.
5.
6.
7.
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9.
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