IAS 8 Accounting Policies, Change in Estimations, and Correction of Errors Quiz IAS 8 prescribes the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates, and corrections of errors. Accounting policies are the specific principles, bases, …

IAS 7 Quiz – Presentation of information in the Cash Flow Statement MCQs with Answers A cash flow statement is a financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources. It also includes all cash outflows that pay …

Conceptual Framework for Financial Reporting Quiz with Answers The Conceptual Framework for Financial Reporting (let’s title it just “Framework”) is a basic document that sets objectives and concepts for general-purpose financial reporting. Its predecessor, Framework for the preparation and presentation of financial statements was issued back in 1989. Then in …

English Word Placement and Grammar MCQs with Answers Practice Test 1 Question 1:  You have …………… here?” “In the cells . him (Correct) ​“In ​bird’s ​would ​himself Bottom of Form Top of Form Question 2:  He invoked …………… the name of science.  over ​fluid; ​then (Correct) ​name ​of Bottom of …

Bank Reconciliation Statement – MCQs with Answers Bank Reconciliation Statement is a very helpful tool for businesses to keep a check on their financial transactions with banks.  we simply define it as ” A summary of banking and business activity that reconciles an entity’s bank account with its financial records. …

GMAT Critical Reasoning Questions Practice Test 3 for those who want to test their GMAT – Graduate Management Admission Test skills. GMAT is a standardized test used for the evaluation of students seeking admission in BBA, MBA, and post-graduate studies in Pakistan or abroad. Management studies provide you with the …

GMAT Critical Reasoning Questions Practice Test 3 for those who want to test their GMAT – Graduate Management Admission Test skills. GMAT is a standardized test used for the evaluation of students seeking admission in BBA, MBA, and post-graduate studies in Pakistan or abroad. Management studies provide you with the …

GMAT Problem Solving Questions with Answers – Practice Test No. 1 for those who want to test their GMAT – Graduate Management Admission Test skills. GMAT is a standardized test used for the evaluation of students seeking admission in BBA, MBA, and post-graduate studies in Pakistan or abroad. Management studies …

GMAT Critical Reasoning Questions Practice Test 2 for those who want to test their GMAT – Graduate Management Admission Test skills. GMAT is a standardized test used for the evaluation of students seeking admission in BBA, MBA, and post-graduate studies in Pakistan or abroad. Management studies provide you with the …

GMAT Critical Reasoning Questions Practice Test 1 for those who want to test their GMAT – Graduate Management Admission Test skills. GMAT is a standardized test used for the evaluation of students seeking admission in BBA, MBA, and post-graduate studies in Pakistan or abroad. Management studies provide you with the …