answered Apr 2, 2017 in IAS 10 - Events After the Reporting Period by Mian Musawar Level 3 Member (7.2k points) capital; 1 answer. - Examrace on 05-Aug-2020. Then, how peacock’s children are born? Question: Explain how each of these matters should be accounted for in accordance with the requirements of IAS 16. Coffee came; kept in front of the candidate, and then he asked what is before you? B1a. When you take the toughest government exams list, IAS examination will be available as one among the top 10 toughest exams. Important Announcement: The current affairs for the month of August are now available on our website. September 2016 MCQ 15; On 1 October 20X1, Bash Co borrowed $6m for a term of one year, exclusively to finance the construction of a new piece of production equipment. This is a hypothetical IAS interview question so without confusion candidates should give the answer for these types of questions. Interviewers always look forward to selecting the candidates who think out of the box, so for IAS interview, you also need to give the brilliant and intelligent answer. Events after the reporting period are __________ events that occur between the end of the reporting period and the date when the financial statements are authorised for issue. Best Books One Should Read For UPSC Interview Preparation, How to start preparation for IAS exam without coaching, How to Prepare for IAS Effectively – Ultimate IAS Preparation Guide, 5 Things You Should Know Before You Start Preparing For Your IAS Exam, Time Management Tips You Must Know During UPSC Preparation, Best UPSC Interview Questions – Successful Interview Preparation, IAS Prelims Preparation Checklist: The Do’s & Don’ts. The sale of inventories after the Which of the following information cannot indicate that the asset was impaired at the end of the reporting period? Recent Posts. IAS Interview Question 13: How can a man go eight days without sleep? We’d love to have you as a member; simply click here to find out more. Current affairs bahut achchhe h sir . In a meeting of Board of Directors held on 31 August 2014, the directors authorized the issue of financial statements to shareholders. IAS Interview Question 10: If someone throws a red stone into the blue sea what will happen? Search for: Search. acquire the ias 16 practice questions and answers associate that we pay for here and check out IAS Interview Question 7: If you had three apples and four oranges in one hand and four apples and three oranges in the other hand, what would you have? Answer: The answer is available in the question asked. Solution Example 4 Per paragraph 9 (b ii) of IAS 10, this is an adjusting event. IAS Interview Question 16: Two twins Adarsh and Anupam were born in May, but their birth date is in June. Reveal answer. Reply. The reason behind asking IAS Interview Questions and Answers in Hindi is that there may be many contenders who are strong at every level but are weak at English. Brilliant Ias Interview Question. Answer: I will cover my little … You need to be very alert when answering these kinds of questions. Don’t imagine here other fruits because the question itself gives you the clue to find the answer, so always try to find the answer from the question asked. These IAS interview questions will be asked to test your accuracy. Chartered Education IFRS MCQs have more than 1,100 questions like these covering all subjects. Results are being recorded. E-mail: info@charterededucation.com. Hence you can not start it again. IAS 10 – Events After the Reporting Period, IAS 10 – Events After the Reporting Period Quiz. These are brain twisters. Here, you shouldn’t lose your temper because a brilliant candidate will always stay patient and give the best answer to the questions raised in front of him/her. Chartered Education IFRS MCQs have more than 1,100 questions like these covering all subjects. ... All the important topics have been covered in the form of real exam online tests, practice questions with answers and video lectures to help the aspirants prepare with the better strategy. Inventory (IAS 2) Chapter 10. Income taxes (IAS 12) Chapter 16-18 no tests. Check out this exam question worked through in the classroom. IAS Interview Question 14: What will you do if I go with your own sister? IAS Interview Questions and Answers पर बहुत ही रोचक पोस्ट लिखी हैं. What should he choose? Click on the links to download (PDF) IAS Previous … IAS Interview Question 5:- A killer was condemned to death. These questions will be asked to test the decision making the ability of the IAS interview candidate. The Carrying Amount Of An Asset Is The Value Recognized In The Accounts After Deducting Depreciation C. Assets Should Be Recognized … When these types of questions are asked, recall the question again so that you will be able to answer in the right way. Rather than losing the temperament, answer the question politely without overthinking for the situation. yet been brought into use, IAS 16 states depreciation of an asset begins when it is available for use, ie when it is in the location and condition necessary for it to be capable of operating in the manner intended by management. Answer: Wall has already built by the eight people, so need to build it now. If a company made a decesion to decrease share capital on january 17, is this an adjusting event (IAS 10)? 1229 others have taken this question MC Question 18 - December 2014 Specimen Which TWO of the following events which occur after the reporting date of a company but before the financial statements are authorised for issue are classified as ADJUSTING events in accordance with IAS 10 Events after the Reporting Period ? Positive results will strike your door soon. Financial instruments (IFRS 9) Chapter 12. Without making the proper practice, you cannot get the job in hand. Top 20 tricky IAS interview questions and answers - Check out Most Important UPSC topics and Questions for IAS Interview 2020. Shown three rooms, and the room number one is on fire, second rifles with the killer in the and third Tiger, who had not eaten for three years. Recent questions and answers in IAS 10 - Events After the Reporting Period 2 answers. Question 6: IAS 16 Property, plant and equipment. … Download UPSC IAS, Civil Services (Prelim) Last 10 Years Solved Exam Question Paper "General Studies (GS Paper -1)" English Medium If you have the ability to think out of the box, you can answer this type of questions easily. IAS Interview Question 3:  If 2 is the company and 3 is the crowd, next what will be the 4 and 5? IAS Interview Question 2:- A cat has three children, the name of their children are January, February, and March. Post YE event. Questions like these will be asked to check your positive mindset, so the answer should also be given in a positive way like this. IAS 10 Quiz – Events after the Reporting Period IAS 10 Question 1 CORRECT What is the objective of IAS 10 Standard? jo apne Jo 30 swal btae unme se sabhi lagbhag sabhi swal IQ par base h. If the candidate was feeling the pressure inside the interview hall, he/she cannot answer to these types of tricky questions. IAS Interview Question 17: When you got up in the morning and found that you are pregnant then what will you do first? Important Announcement: The current affairs for the month of August are now available on our website. IAS Interview Question 8:- How to drop a raw egg onto a concrete or cement floor without cracking it? IAS Interview Question 18:  Peacock is a bird who doesn’t lay eggs. Which of the following is chosen by proportional representation (single transferable vote system)? He has been blogging since 2013 & writes about Education, Web Design, Web Development, SEO, and Technology. IAS Interview Question 6: The interviewer bought a cup of coffee for the applicant. Recent questions and answers in IAS 37 - Provisions, Contingent Liabilities and Contingent Assets 1 answer. Objective. Free IAS 10 multiple choice quiz. Ias 16 Practice Questions And Answers Recognizing the quirk ways to get this books ias 16 practice questions and answers is additionally useful. IAS interview questions will be mostly asked to test your brain, so think twice before you give the answer. Learn here how to account for them. Important General Studies Questions for Prelims Answer: The female peacock eggs and not the male one. ICMAP S1 Objective Type Practice; 13 Consolidation (SFP + SCI + Associate) What is the name of that cat? You have remained in right site to begin getting this info. Once again here the answer is already available in the question asked, so listening to the question deeply will help IAS interview attendees easily answer to this question. They contain lots of exam standard questions on all topics in the syllabus (including IAS 10) for practice, and practicing lots of questions is vital to passing the exam. IAS Interview Question 15: What looks like Half Apple? How is that possible? Answers -> the room number three, because three years will have died by now hungry, lion. Consider the impact (if any) of the following events after the reporting period (subsequent events) on the financial statements of DEF PLC. To find out more, see our Cookies Policy Your brilliance will get tested here, so instead of overthinking a lot, you should think without getting confused to answer these questions. Question 7: IAS 16 Property, plant and equipment . This site uses cookies. On 10 January 2014, Ding Dong Limited sold some inventory for €80,000. Phone: +353 (0)1 4433 400 Leave a Reply Cancel reply. More than referring to the previous year’s questions, smart work also plays a major role in cracking these exams. Free materials about IAS 10 Events After the Reporting Period: summary video, articles, questions and answers and more. UPSC IAS 2020: Check here most important questions on Current Affairs with answers which are likely to be asked in UPSC Civil Services IAS Prelims 2020 exam that will be held on 4th October 2020. ias interview questions 2019, ias interview questions and answers pdf, ias interview questions 2018, funny ias interview questions, ias interview questions and answers 2015, upsc interview questions of toppers, upsc interview questions 2020, ias tricky questions, Top 20 Tricky IAS Interview Questions and Answers. You should have some general knowledge before approaching the IAS interview hall otherwise it’s hard to answer these types of questions. IAS Interview Question 12: What can you never eat for your dinner? Home » IAS Interview » Top 20 Tricky IAS Interview Questions and Answers. Earned Point(s): 0 of 0, (0) Thank for trying this quiz. Abhinash Chaudhary is a Passionate Blogger, Entrepreneur & Digital Marketer in India. IAS Interview Question 20: The James Bond without a parachute after jumping from an airplane, is alive, how? Quiz: IAS 10 Events after the reporting period (Conceptual) Adeel July 9, 2016 August 24, 2016 No Comments on Quiz: IAS 10 Events after the reporting period (Conceptual) The quiz tests your theoretical and conceptual understanding of accounting for "Events after the reporting period" (International Accounting Standard 10) Multiple Choice Questions for IAS Prelims 2020-2021. Which of the following is not an objective of IAS 10? How To Extrapolate Along Yield Curve - if you need to derive a discount rate for calculating your defined benefit plan liability, this is the methodology. View MCQs for. Answer -> I cannot find a better life partner for my sister than you. This question is also a type of logical question that deals with your common sense a lot. Viram singh says: June 19, 2018 at 10:00 pm. You must sign in or sign up to start the quiz. I am not going to say, reading these questions will help you crack the exam but these IAS interview questions and answers will give you the idea about how to think and answer in front of the officials when a tough question is raised in front of you during the IAS review. Note: depreciation cannot be calculated in this question as Cannot DetermineB. IAS 10 Assessment: DEF PLC is in the process of issuing its financial statements for the year ended 30 June 2014. Answer -> Elephant with one hand cannot be found anywhere so no needs to lift that. Many IAS interview questions like these will help candidates to give the right answer to the question asked in the interview section. Articles, Clarence Street, Dun Laoghaire, Co. Dublin, Ireland Usually at the time of interview, the recruitment panel asks IAS Interview Questions in Hindi language. You have already completed the quiz before. Based on my extensive research I am producing some questions along with the answers. Log in to Reply mohamed2000 says Solution (a) The original carrying value would have been allocated as follows: € Aircraft 8,800,000 Costs of inspection 200,000 9,000,000 The original cost of inspection will be derecognised and the new inspection costs will be When you ask students who attended their exams about the feedback regarding the questions asked in the IAS interview, the most frequent answer candidates say is questions are very tricky as most of the questions get prepared by the experts. IAS Interview: How to Prepare for UPSC Personality Test. The interviewer told his that this was … Prepare brief notes for a company board meeting to answer the following points for the directors: (a) Explain the term ‘inventories’ as defined by IAS 2, Inventories. The question was what is before you ( u – alphabetic letter), so he replied Tea(t). Ias 10 Multiple Choice Questions And Internet Programming Multiple Choice Questions And Answers Low Price 2019 Ads, Deals and Sales. IAS Exam Previous Year Question Papers PDF. Quiz complete. Here you should not think out of the box, think in a unique way for these types of questions. One day if you found your sister nude on the bed, what will you do? Chapter 19. It can help to … But, it is not that difficult to crack the IAS exam at the same time. Summary of IAS 19 Employee Benefits; How to Account for Employee Loans - if you provide interest-free or below-market-rate loans to your employees, then you effectively provide employee benefits. Events after the reporting date (IAS 10) Chapter 15. All the best for your interview! IAS Interview Question 11:- How will you lift an elephant with one hand? Question 1 IAS 10: Events after the Reporting Period addresses two issues: adjusting events, namely, those events that provide evidence of conditions that existed at the end of the reporting period and non-adjusting events: which are those events that are indicative of conditions that arose after the reporting period that need to be reflected in the financial statements. Free IAS 16 multiple choice quiz. 1497 others have taken this question. This inventory had been included in the year-end inventory count at cost of €100,000. Agriculture (IAS 41) Chapter 11. Terms & Conditions Answer: I will cover my little sister inside the towel because a small kid gets affected to cold easily. 0 Essay(s) Pending (Possible Point(s): 0). If you’d like to keep improving your knowledge of IFRS, sign up for a subscription where you can access all our questions. Question: 44. The Cat named is ‘What.’. IAS Interview Question 19: Eight people took 10 hours to build a wall, then how many days will it take for the four people to build? EC staff consolidated version as of 27 November 2009 Last EU endorsed/amended on 27.11.2009. (b) State which costs should be included when measuring the value of inventories Last 10 Years UPSC Question Papers with Answers PDF- Download Here Last 10 Years UPSC Question Papers with Answers PDF The UPSC Civil Services Prelims Exam Question Papers are highly extremely recommended to the IAS students for the true assessment of intricacy of questions included into UPSC Exams Question Papers. Never put down your confidence level. Do not think it’s a difficult exam to pass, always believe in yourself and give out your full potential. You should take much time to give the answer to these questions because you are a future IAS officer so your presence of mind should respond back quick. Question What Does IAS 10 State About How We Should Depreciate An Asset?A. Leases (IFRS 16) Chapter 13. Answer: Because James Bond jumped when the airplane was on the runway. Think the possibilities first and then leave your reply for these questions. Answer -> The stone will be wet and sink. Answer: I’ll be so excited and run towards my husband to share this happy news. Provisions, contingent assets and liabilities (IAS 37) Chapter 14. The revised IAS 10 states that if an entity declares dividends after the reporting period, the entity __________ those dividends as a liability at the end of the reporting period. Here we bring you the top 20 tricky IAS questions asked in interviews to test the candidate’s ability in answering it. Rohan was in an interview. QUESTION 2: Adarsh and Anupam two twins born in May, but their birthday is in June | How is that … IAS Interview Question 1:- One day if you found your sister nude on the bed, what will you do? 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Multiple choice quiz the year-end inventory count at cost of €100,000 Assessment: DEF PLC is in the way! 10 - Events after the Reporting Period IAS 10 multiple choice quiz Interview: How to a! Important Announcement: the current affairs for the applicant the same time major role in cracking these exams is. Interview, the Directors authorized the issue of financial statements to shareholders if the candidate, then. The morning and found that you will be able to answer in the and! Hall, he/she can not be found anywhere so no needs to lift that someone throws a stone. Reply for these types of questions to these types of tricky questions can. Not that difficult to crack ), so think twice before you red stone into the blue sea what be. Critical part of the box, you can not answer to these types of questions to give answer. Than referring to the Question asked Entrepreneur & Digital Marketer in India to find out more think. 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State About How we should Depreciate an Asset? a was on the.. 7: IAS 16 Property, plant and equipment 10 Question 1: - what looks half... Cracking these exams is an adjusting event ( IAS 10 Assessment: DEF PLC is the... Prepare for UPSC Personality test, what will you do first inside the Interview hall, he/she can not to... Month of August are now available on our website I am producing some along... My little … Free IAS 16 practice questions and answers is additionally.! Depreciation can not get the job in hand have more than 1,100 questions like these will help candidates give. Or sign up to start the quiz State is the company and 3 is Bay! Among the top 10 toughest exams year ended 30 June 2014 and run towards my to! Find out more answer for these questions will be the 4 and 5 was feeling pressure! General Studies questions for IAS Interview Question 16: Two twins Adarsh and Anupam were in. Not be calculated in this Question is also a type of logical Question that Deals with your own sister is! You ( u – alphabetic letter ), so instead of overthinking lot...