Multiple Choice
Where the entity presents current assets separately from non-current assets and current liabilities separately from non-current liabilities what disclosure is the entity required to make under IAS 1?
A) the reason for selecting that style of presentation
B) the length of its operating cycle if it has clearly been identified as being greater than 12 months
C) the net amount of working capital
D) a list of the assets and liabilities in the order of their liquidity
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The treatment of repairs and additions to
Q9: Before an asset can be recognised,the framework
Q27: The decision to expense or capitalise an
Q37: An asset is classified as current when:<br>A)
Q38: IAS 8 Accounting Policies,Changes in Accounting Estimates
Q39: A material prior period error in year
Q41: Where the entity presents current assets separately
Q47: IAS 16 Property,Plant and Equipment allows both
Q53: When constructing an item of property,plant and
Q55: Which of the following items is not