Quiz-Busters - AAT Level 4 Financial Statements

AAT Level 4 Financial Statements

Level 4 financial statements revision of IAS and types of shares and dividends to test knowledge
What I is the presentation of financial statements. What G is the definition of IAS 20. What S links profit with changes in assets and liabilities and the effect on the cash of the company. What P is the definition of IAS 16. What S is the management of a company. What E is makes use of information from financial statements to plan . What R is the turnover or sales of a company. What R is the profit and loss balance. What R is a way to raise finance from shareholders. What B is a way to give rewards to shareholders. What O is the most common type of share. What P is the type of share carrying a fixed percentage rate of dividend. What U is when an auditor has deemed that financial statements have been prepared correctly. What D is paid to shareholders. What D is the amount of cost less residual value of an asset. What I is defined in IAS 36. What D is the tax referred to in IAS 12. What C is a possible obligation arising from past events. What A is reported in IAS 10. What E is the ration used to measure the performance of a company.