F1

Question 1

Which of the following items is not required to be presented in an exhibit prepared using XBRL when a filer submits form 10K to the SEC?
A. Managements discussion and analysis
B. Balance sheet
C. Statement of comprehensive income
D. Summary of significant accounting policies

Answer 1

A. Managements discussion and analysis

Question 2

Accumulated other comprehensive income is reported in which of the following financial statements?
A. The statement of comprehensive income
B. The statement of financial position
C. The statement of cash flows
D. The income statement

Answer 2

B. Statement of financial position

Question 3

Which of the following is not a criteria for recognizing a liability associated with exit or disposal activities?
A. The existence of a present obligation to transfer assets in the future
B. The entity has no discretion to avoid the future transfer of assets
C. A commitment to an exit plan
D. The occurrence of an obligating event

Answer 3

C. A commitment to an exit plan

Question 4

Which form is not required to include audited financial statements?
A. Form 40F
B. Form 10K
C. Form 6K
D. Form 20F

Answer 4

C. Form 6K

Form 6K does NOT require audited financial statements. This form is filed semi-annually by foreign private issuers. This form is similar to the form 10Q and contains unaudited financial statements, interim period MD&A, amd certain disclosures.