Accounting Standards Quiz

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Questions and Answers

Which accounting standard is used for accounting for tangible non-current assets?

  • IAS 36
  • IAS 38
  • IAS 16 (correct)
  • IAS 2

Which accounting standard is used for accounting for intangible assets?

  • IAS 38 (correct)
  • IAS 2
  • IAS 16
  • IAS 36

Which accounting standard is used for accounting for impairment of assets?

  • IAS 38
  • IAS 2
  • IAS 36 (correct)
  • IAS 16

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