SOCF Flashcards

1
Q

SOCF must be issued

A

For all comparative periods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Non cash items should be added back to net income even if it is an expense for the SOCF

A

Depreciation / deferred income tax expense is a great example

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

SOCF investing activities

A

Is all methods added together.

Held to maturity and available for trading

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Ifrs requirs interest expense to be

A

Either in operating or financing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly