View MCQs for. IAS 10 Events After The Reporting Period from past papers in ACCA FR (F7). Recent Posts. ACCA CIMA CAT DipIFR Search. IAS Interview Question 11:- How will you lift an elephant with one hand? (25,000 x 8%) x 9 /12 1,500 Total to be capitalised 29,670 Income statement impact With regards to the income statement this should be charged with: ¤ General overheads of $940,000 ¤ Remaining interest for Jan–Mar which is now an expense $500,000 (25,000 x 8% x 3/12) and; ias … Is doubtful debtors provision a timing difference in deferred tax? IAS 2 requires stock to be valued at “lower of cost and NRV” By recognising that stock is worth less than what it cost the entity, we have recognised the loss in the accounts before it has occurred ie before we have sold the stock. The Second Plan focused on the industrial development of the country and stressed capital goods industries. ... an increase from the 42 billion dollars of FDI received in 2018 when India ranked 12 among the top 20 host economies in the world. QUESTION 1. Shown three rooms. Free sign up Sign In. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. These ebooks are free to download for a limited period. Start studying Chapter 12 Practice Questions Part 2. IAS Interview Question 12: What can you never eat for your dinner? What : qué o cuál; Why : por qué; When : cuándo; Where : dónde; Who : quién; Which : cuál; How : cómo; Para entender más a fondo sus funciones y usos, observa el video a continuación: Home; Mains Practice Questions; filter Hide Menu. The accounting profit before tax for the financial year ended 31 December 2018 is N$500 000. 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