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Card 6

Front

What is a non-adjusting event?

Back

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Card 7

Front

What is the formula for inventory holding period?

Back

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Card 8

Front

What are the advantages of using a principle based approach?

Back

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Card 9

Front

What is the objective of financial statements?

Back

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Card 10

Front

What is fair value?

Back

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Card 11

Front

What is the double entry for Bonus shares?

Back

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Card 12

Front

What is the cost model?

Back

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Card 13

Front

What is the revaluation model?

Back

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Card 14

Front

When should an asset be derognised?

Back

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Card 15

Front

What are the conditions to meet an intangible asset?

Back

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