Trắc nghiệm IFRS chương 1 2

Câu Hỏi
1
Đúng
Đạt điểm 1,00 trên 1,00
Đặt cờ
Đoạn văn câu hỏi
On 1 January 2013, E Ltd paid £560,000 to acquire 80% of the ordinary share capital of F Ltd.
The equity of F Ltd on that date consisted of ordinary share capital of £300,000 and retained
earnings of £150,000. All of its assets and liabilities were carried at fair value. On 31 December
2016, the retained earnings of E Ltd and F Ltd are £1,870,000 and £65,000 respectively.
Goodwill arising on consolidation has suffered an impairment loss of 70% since 1 January 2013.
The retained earnings figure which should be shown in the consolidated statement of financial
position at 31 December 2016 is:
a.
£1,662,000
b.
£1,708,000
c.
£1,645,000
d.
£1,725,000
Phản hồi
Your answer is correct.
The correct answer is:
£1,662,000
Câu Hỏi 2
Đúng
Đặt cờ
IFRS 3:
a.
Allows only the unitings of interest method
b.
Allows only the acquisition method or merger method
c.
Allows only the acquisition method
d.
Allows either the unitings of interest method, or the acquisition method
Phản hồi
Allows only the acquisition method
Câu Hỏi 3
Đúng
Đặt cờ
Which of the following statement(s) is / are correct with regard to preparation of consolidated
financial Statement?
i) To be a subsidiary a parent should hold 100% of its equity shares
ii) Consolidation merely addition together of two Statements of financial position
iii) In consolidation a subsidiary and an associate are treated identically
iv) Consolidated balance sheet excludes assets not owned by the group
a.
ii&iv
b.
None
c.
i&ii
d.
ii&iii
Phản hồi
None
Câu Hỏi 4
Đúng
Đặt cờ
At 1 January 20X6 Fred acquired 75% of the share capital of Barney for $750,000. At that date
the share capital of Barney consisted of 20,000 ordinary shares of $1 each and its reserves
were $10,000. The fair value of the non-controlling interest was valued at $150,000 at 1 January
20X6.
In the consolidated statement of financial position of Fred and its subsidiary Barney at 31
December 20X9, what amount should appear for goodwill?
a.
$720,000
b.
$870,000
c.
$750,000
d.
$150,000
Phản hồi
$870,000
Câu Hỏi 5
Đúng
Đặt cờ
Which of the following statements is not a key feature of the acquisition method?
a.
The cost of business combination being measured at fair value of the net assets received from the
acquiree
b.
The goodwill being measured as the consideration transferred plus the amount of any NCI interest plus
the fair value of any previously held equity intersest in the acquire less the fair value of the identifiable net
assets acquired.
c.
The acquired identifiable net assets being measured at the fair value
d.
An acquirer being identified for each business combinationamortization
Phản hồi
The cost of business combination being measured at fair value of the net assets received from the
acquiree
Câu Hỏi 6
Đúng
Đặt cờ
On 1 January 2009, P Ltd paid £480,000 to acquire 65% of the ordinary share capital of Q Ltd.
The equity of Q Ltd on that date consisted of ordinary share capital of £200,000 and retained
earnings of £150,000. The fair value of the non-current assets of Q Ltd on 1 January 2009
exceeded their carrying amount by £250,000. Goodwill arising on consolidation has suffered an
impairment loss of 40% between 1 January 2009 and 31 December 2016. The goodwill figure
which should be shown in the consolidated statement of financial position at 31 December 2016
is:
a.
£54,000
b.
£151,500
c.
£78,000
d.
£36,000
Phản hồi
£54,000
Câu Hỏi 7
Đúng
Đặt cờ
Under IFRS 3, acquired contingent liabilities are:
a.
Included in NCI
b.
Included in the cost of combination, only if they can be reliably measured
c.
Included in goodwill
d.
Always included in the cost of combination
Phản hồi
Included in the cost of combination, only if they can be reliably measured
Câu Hỏi 8
Đúng
Đặt cờ
At 1 January 20X4 Yogi acquired 80% of the share capital of Bear for $1,400,000. At that date
the share capital of Bear consisted of 600,000 ordinary shares of 50c each and its reserves
were $50,000. The fair value of the non-controlling interest was valued at
$525,000 at the date of acquisition.
In the consolidated statement of financial position of Yogi and its subsidiary Bear at 31
December 20X8, what amount should appear for goodwill?
a.
$1,050,000
b.
$450,000
c.
$630,000
d.
$1,575,000
Phản hồi
$1,575,000
Câu Hỏi 9
Đúng
Đặt cờ
On 1 July 2019, A Ltd pays £870,000 to acquire the entire share capital of B Ltd. The equity of B
Ltd on that date consists of ordinary share capital of £400,000 and retained earnings of
£210,000. The fair value of the non-current assets of B Ltd on 1 July 2019 exceeds their
carrying amount by £35,000. Tax rate 20%. The amount paid for goodwill by A Ltd is:
a.
£225,000
b.
£260,000
c.
£470,000
d.
£232,000
Phản hồi
£232,000
Câu Hỏi 10
Đúng
Đặt cờ
Negative goodwill should be:
a.
Ignore
b.
Matched to future losses
c.
Recorded in the income statement
d.
Allocated to non-current assets
Phản hồi
Recorded in the income statement
Câu Hỏi 11
Đúng
Đặt cờ
Applying the acquisition method involves the following steps: (i)Identifying an acquirer;
(ii)Measuring the cost of the combination. (iii)Allocating, at the acquisition date, the cost of the
combination to the assets acquired and liabilities and contingent liabilities assumed.
(iv)Amortising the goodwill.
a.
i – iv
b.
ii – iii
c.
i – ii
d.
i – iii
Phản hồi
i – iii

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