1. Which of the the following is a proper match of the U.S GAP and IFRS term for equity?

A. Retained earning Retained income

B. Common Stock Share capital

C. Accumlated OCI/other profit and loss accounts

D. Aditional paid Captial/ Share captial

2. How will total owner's equity be affected by a cash Divided?

A. it depends on the size of rhe divided?

B. it will decrease

C. it will increase

D it will have not change

3. In which of the following accounts would a company follow IFRS record the per value recived from the sale of stock?

A. Share Preminum

B. Per value is not used under IFRS

C. Retained Earnings

D. Share Capital