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Question 1

What is the full title of the Philippine Accounting Standards (PAS) 1?

Answer 1

“Presentation of Financial statements”

Question 2

What number from the accounting standard is “Presentation of financial statements”?

Answer 2

PAS 1

Question 3

What is the full title of the Philippine Accounting Standards (PAS) 2

Answer 3

“Inventories”

Question 4

What number from the accounting standard is “Inventories”?

Answer 4

PAS 2

Question 5

What is the full title of the Philippine Accounting Standards (PAS) 7?

Answer 5

“Statement of cash flows”

Question 6

What number from the accounting standard is “Statement of cash flows”?

Answer 6

PAS 7

Question 7

What is the full title of the Philippine Accounting Standards (PAS) 8?

Answer 7

“Accounting policies, changes in accounting estimates and errors”

Question 8

What number from the accounting standard is “Accounting policies, changes in accounting estimates and errors”?

Answer 8

PAS 8

Question 9

What is the full title of the Philippine Accounting Standards (PAS) 10?

Answer 9

“Events after reporting period”

Question 10

What number from the accounting standard is “Events after reporting period”?

Answer 10

PAS 10

Question 11

What is the full title of the Philippine Accounting Standards (PAS) 12?

Answer 11

“Income taxes”

Question 12

What number from the accounting standard is “Income taxes”?

Answer 12

PAS 12

Question 13

What is the full title of the Philippine Accounting Standards (PAS) 11?

Answer 13

“Construction contracts”

Question 14

What number is the accounting standards of “Construction contracts”?

Answer 14

PAS 11