Which of the following is not a requirement in the financial statements under Ind AS 1?

Related MCQs

• Which of the following statements are true? I) Financial statements are only interim report. II) Financial statements are also known as annual records. III) Financial statements are historic.
• Which of the following is not a requirement to capitalise development costs under Ind AS 38 Intangible Assets?
• Under Ind AS 1 how often should financial statements be prepared?
• Which of the following is true about financial statements? I)Financial statement gives a summary of accounts. II) Financial statements can be stated as recorded facts.
• Whether financial reviews by management, environment reports and value added financial statements are outside the scope of international financial reporting standards (IFRSs)?
• Under Ind AS 16, which of the following is not allowable as a directly attributable cost of a machine?
• Which of the following is not an asset that falls under the scope of Ind AS 16?
• Which of the following measurement models is not permitted for the subsequent measurement of intangible assets under Ind AS 38?
• Which of the following is not a qualifying asset under Ind AS 23 Borrowing Costs?
• Which of the following cost models is not permitted under Ind AS 2?