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Question 1) Qualitative characteristics of useful financial information exclude:
a. Completeness
b. Comparability
c. Relevance
d. Faithful representation
Question 2) Below are the elements of financial statements, except:
a. Expenses
b. Assets
c. Cash Flow
d. Liability
Question 3) Below are the types measurement of assets except:
a. Market Value
b. Historical Costs
c. Value in use
d. Current Costs
Question 4) How many chapters are there in 2018 IFRS Framework?
Select one:
a. 8
b. 6
c. 9
d. 7
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