中国大学MOOC: Recognition is the process of including within the financial statements items which meet the definition of an element according to the lASBsConceptual Framework for Financial Reporting.Which of the following items should be recognised as an asset in the statement of financial position of a company?
举一反三
- TRANSLATE THE FOLLOWING SENTENCE INTO CHINESE. "Financial accounting generally refers to the process results in the preparation and reporting of financial statements for an entity."
- Which of the following statements about financial reporting standards is least accurate Reporting standards:（） A: narrow the range within which management estimates can be seen as reasonable. B: make financial statements comparable to one another. C: are disclosed on Form 8 -K by publicly traded firms in the United States.
- Which financial statement reports the financial position of a company at a point in time? A: Balance sheet B: Statement of owner’s equity C: Cash flow statement D: Income Statement
- Which of the following statements about financial statements and reporting standards is least accurate（） A: Reporting standards focus mostly on format and presentation and allow management wide latitude in assumptions. B: The objective of financial statements is to provide economic decision makers with useful information. C: Reporting standards ensure that the information in financial statements is useful to a wide range of users.
- Which of the following is not what we learnt this semester? () A: Valuation models B: Financial statement reformulating C: Financial statement coding D: Financial statement analysis