57. Which of the following items, if it exists, must be presented as a line item in the statement of financial position?

Select one:

a.

Revenue.

b.

Cost of sales.

c.

Share of profit of associates.

d.

Trade and other receivables.

58.Warner Limited reported the following information for a financial year:

Issue of shares	26820
Purchase of equipment	3769
Interest Received	800
Dividends paid	1200

What is the net cash inflow (outflow) from financing activities?

a.

26420 net cash inflow

b.

26820 net cash inflow

c.

25620 net cash inflow

d.

-400 net cash outflow

59. The problem with publishing an annual report as an Adobe PDF is:

a.

that not all computers are able to read Adobe PDF documents.

b.

that the information is not secure and the figures can be altered.

c.

none of the options are correct.

d.

that it is difficult for users to manipulate the information with any degree of efficiency.