CFAS Quiz
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz – November 29, 2024
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
CFAS Quiz –
I. Multiple Choice (BEST ANSWER!!!)
1. The objective of PAS 10 is to:
a. Provide standards to recognize, measure, and disclose specific
transactions
b. Ensure comparability within the entity’s general-purpose
financial statements over certain number of periods
c. Restrict the overall requirements for the presentation of financial
statements
d. Prescribe the basis for presentation of general-purpose financial
statements
