None of the given answers are correct. QUESTION 10 When a share split accurs current shareholders receive more shares, thus increasing their stake in the company accounting entries are required to record the increase in the number of shares on hand It must be done so that any uncalled amounts are divided equally when the shares are issued O more shares become available to be purchased by the general public allowing the company to raise more funds QUESTION 11 Holders of ordinary shares: O are assured of dividends each year may not receive a cash dividend each year but the dividend will accrue and eventually be paid will always receive a dividend if the company has made a profit in that financial year receive dividends at the discretion of the directors QUESTION 12 redeemable preference share is one that may be converted into debeat the option of the shareholder may be converted into cash at the option of either the company or the shareholder has ne preferential rights over ordinary shares allows for any dividends to be converted into further preference shares rather than receiving the cash Click Save and Submit to see and submit Chle See Allers to see all the Question Completion Status: plant equipment QUESTION 7 While the intang ble asset standard will promote a new level of international consistency in financial reporting, it is seriously flawed and an archly conservative standard. It fails to require recognition of many intangible assets and places a number of severe restrictions on the recognition of internally generated intangible assets and an revaluation of those assets True False QUESTIONS The revaluation surplus is created through the upward revaluation of . current market value non-current assets current years pront totallaties QUESTION Which of the town generales providing eng shareholders with the right to acquire additional shares in the entity for a specified and often quite attractive price? 0.5 pe Share Normances are connect Alto alcune the difference between fair value and book value of the net assets of the company acquired the lower of the sum of related expenditures an advertising and promotion undertaken in the past two years by the subsidiary being purchased and the independent valuation of the market value of that subsidiary's goodwill the excess of the cost of acquisition incurred by an acquirer over the fair value of the identifiable net assets and contingent liabilities acquired QUESTION 4 AASB 3 defines a business combination as a transaction or other event in which an acquirer obtains control of one or more businesses True False QUESTIONS Which of the following statements is correct with respect to research and development expenditures in accordance with ASB 1337 Activities aimed at obtaining knowledge that are likely to produce a viable commercial product can be capitalised Amounts incurred for investigation of wernative viable projects can be capitale Design.construction and operation of a plot plant that is not of a scale economically teas ble for commercial production can be capitalised. The search for wakation and final selection of applications of research findings and other knowledge can be capitalised QUESTIONS Which among the following sanitatie property brand name pant equipment Send som rumit. Click Save To solo Type here to search O