Financial Assets

Question 1

When a contingent liability is reasonably possible and substantial

Answer 1

Disclosed but not accrued

Question 2

Ifrs a provision is

Answer 2

Probable and measurable

Question 3

Amount to captilized is allocated by

Answer 3

Fair value amounts percentage

Question 4

Operating activities:
Cash for salaries, receivables, inventory, interest on bond, divendends received from securities

Investing activities:
Sale of building, cash for equipment, cash received from sale of available for sale securities

Answer 4

Financing:

Cash received from sale of treasury stock, cash received from issuance of bonds payable,