F1 Exam Dumps : Financial Reporting

Material events which occur between the statement of financial position date and the date on which the financial statements are approved

Material events which occur after the release of the statement of financial position

Material events which occur before the statement of financial position date

Material events which occur between the income statement date and the statement of financial position date

Where a business sells its accounts receivable to a third party at a discount

Where a business borrows a loan with short-term conditions from a third party

Where a business sells equity to third parties to gain short-term finance

Where a business is provided with a highly flexible regular source of short-term finance by a bank

The amount of interest charged on loans during the year.

The amount of loans outstanding at the year end.

The amount of loans repaid during the year.

The amount of interest actually paid during the year.