Q.

Which of the following is not a requirement for current liabilities?

A. Expected to be settled in entity’s operating cycle
B. Held primarily for trading
C. Expected to be settled within 12 months from the reporting period
D. Entity holds an unconditional right to defer settlement for over 12 months after
Answer» D. Entity holds an unconditional right to defer settlement for over 12 months after
968
0
Do you find this helpful?
1

View all MCQs in

Financial Reporting

Discussion

No comments yet

Related MCQs