ACC419 – 2019

______ is the sum of share capital and reserves.

Information is _______ if its omission or misstatement could influence the decisions of users or assessments made on the financial statements

Which of the following is a fundamental qualitative characteristics of financial statement

The elements of financial statements as stipulated in the conceptual framework consist of the following, except _______

_____are recognized in the Statement of Financial Position (SFP) when and only when it is likely that the outflow of future economic benefits related thereto would arise and the value of the assets can be reliably measured

_______ means that financial information must be complete, neutral and free from error.

______ is the sum of share capital and reserves.

The elements of financial statements as stipulated in the conceptual framework consist of the following, except _______

are related thereto would arise and the value of the assets can be reliably measured

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