Popular courses 'CFAS' at CFAS
CFAS Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about CFAS? On this page you'll find 38 study documents about CFAS.
All 38 results
Sort by
-
CFAS Finals UPDATED Exam Questions and CORRECT Answers
- Exam (elaborations) • 18 pages • 2024
-
- $8.99
- + learn more
20x1, None; 20x2, Operating or Financing - Entity A declares cash dividends in 20x1 
and pays the dividends in 20x2. How should Entity A report the dividends paid in the 
statement of cash flows for 20x1 
40,000 - Entity A has an account receivable of P200,000 from Entity B. In addition, 
Entity A also has an account payable of P160,000 to Entity B. The account receivable is due 
in 30 days while the account payable is due in 90 days. Entity A intends to settle first the 
account receivable...
-
CFAS FINAL EXAM REVIEWER | WITH COMPLETE SOLUTION 2024/25
- Exam (elaborations) • 7 pages • 2024
-
- $10.99
- + learn more
CFAS FINAL EXAM REVIEWER | WITH COMPLETE SOLUTION 2024/25
-
CFAS Exam Questions with All Correct Answers
- Exam (elaborations) • 7 pages • 2024
-
- $13.39
- + learn more
CFAS Exam Questions with All Correct Answers 
Which statement is incorrect regarding the Conceptual Framework for Financial Reporting? 
A. Describes the objective of, and the concepts for, general purpose financial reporting 
 
B. Serves as a guide in developing future PFRSs and as a guide to resolving accounting issues that are not addressed directly in existing PFRSs 
 
C. Is not a PFRS and hence does not define standards for any particular measurement or disclosure nature 
 
D. Prevails in ca...
-
CFAS Midterm Exam Questions with 100% Correct Answers | Verified | Latest Update | 100% Pass
- Exam (elaborations) • 18 pages • 2024
-
- $10.98
- + learn more
"I shall be straightforward and honest in all my professional and business 
relationships."Which ethical principle am I referring to in this statement? 
a. Integrity 
b. Objectivity 
c. Confidentiality 
d. Professional Behavior 
e. Professional Competence and Due Care - a 
General-purpose financial reports are not designed to show the value of a reporting entity. 
True 
False - TRUE 
Which of the following is not included in the scope of the IASB conceptual framework? 
a. Qualitative character...
-
CFAS MIDTERM EXAM
- Exam (elaborations) • 17 pages • 2024
-
- $9.99
- + learn more
CFAS MIDTERM EXAM 
 
"I shall be straightforward and honest in all my professional and business relationships."Which 
ethical principle am I referring to in this statement? 
 
a. Integrity 
b. Objectivity 
c. Confidentiality 
d. Professional Behavior 
e. Professional Competence and Due Care - a 
 
General-purpose financial reports are not designed to show the value of a reporting entity. 
 
True 
False - TRUE 
 
Which of the following is not included in the scope of the IASB conceptual framewo...
Make study stress less painful
-
CFAS MIDTERM EXAM
- Exam (elaborations) • 17 pages • 2023
-
- $9.29
- + learn more
"I shall be straightforward and honest in all my professional and business relationships."Which 
ethical principle am I referring to in this statement? 
a. Integrity 
b. Objectivity 
c. Confidentiality 
d. Professional Behavior 
e. Professional Competence and Due Care - a
-
Evaluated CFAs Revision Questions
- Exam (elaborations) • 7 pages • 2023
-
- $7.99
- + learn more
Evaluated CFAs Revision Questions 
Which statement is incorrect regarding the Conceptual Framework for Financial 
Reporting? 
A. Describes the objective of, and the concepts for, general purpose financial reporting 
B. Serves as a guide in developing future PFRSs and as a guide to resolving 
accounting issues that are not addressed directly in existing PFRSs 
C. Is not a PFRS and hence does not define standards for any particular measurement 
or disclosure nature 
D. Prevails in cases where t...
-
CFAS Conceptual Framework questions with correct answers
- Exam (elaborations) • 28 pages • 2023
- Available in package deal
-
- $16.99
- + learn more
Conceptual Framework for Financial Reporting - correct answer A complete, comprehensive and single document promulgated by the International Accounting Standards Board. 
 
Conceptual Framework - correct answer A summary of the terms and concepts that underlie the preparation and presentation of financial statements for external users. It is also an attempt to provide an overall theoretical foundation for accounting. 
 
Conceptual Framework - correct answer Intended to guide standard-setters, pre...
-
CFAS 1 questions with correct answers
- Exam (elaborations) • 10 pages • 2023
- Available in package deal
-
- $13.49
- + learn more
To generate general purpose financial statementw that provide information, about economic entities, that is to be used as basis for the formulation of economic decisions - correct answer Purpose of accounting in society 
 
Historical Cost - correct answer the value of the costs incurred in acquiring or creating the asset, comprising the consideration paid to acquire or crease the asset plus transaction costs 
 
Current Cost - correct answer the cost of an equivalent asset at the measurement date...
-
MIDTERM- CFAS questions with correct answers
- Exam (elaborations) • 13 pages • 2023
- Available in package deal
-
- $14.49
- + learn more
"I shall be straightforward and honest in all my professional and business relationships."Which ethical principle am I referring to in this statement? 
 
a. Integrity 
b. Objectivity 
c. Confidentiality 
d. Professional Behavior 
e. Professional Competence and Due Care - correct answer a 
 
General-purpose financial reports are not designed to show the value of a reporting entity. 
 
True 
False - correct answer TRUE 
 
Which of the following is not included in the scope of the IASB conceptu...
Study stress? For sellers on Stuvia, these are actually golden times. KA-CHING! Earn from your study resources too and start uploading now. Discover all about earning on Stuvia