1.

Referring to Note 1, what is the nature of JFC's operations (2 points for

completeness)?
2. What note(s) is(are) the company’s disclosure(s) on its accounts payable and
other current liabilities (1 point)?
2. What are the company’s trade payables (1 point)?
3. How long is the normal payment period (credit term) of trade payables (1 point)?
4. What are the company’s other current liabilities (give at least 5 items for a
maximum 3 points)?
5. Enumerate (copy the disclosure of ) at least three (3) descriptions or conditions of
accounts payable and other current liabilities (1 point each disclosure, maximum of 3
points).
6. What is the nature of the company's provisions (1 point)?