1. The reporting entity "ALFA" has acquired a machine with an acquisition value of 450,000 KM and an estimated output of 900,000 units. The unit-based depreciation method is used for depreciation. What is the depreciation expense for the accounting period if 112,500 units were produced in the first year after the machine was put into use? a) 56,250 KM b) 90,000 KM c) 112,500 KM d) 175,000 KM
2. Company "H" sold 2,250 shares of another company at a price of 900 KM per share. The brokerage commission was 18 KM per share. If the book value of the share was 873 KM, company "H" realized: a) a loss of 20,250 KM b) a gain of 20,250 KM c) a loss of 40,500 KM d) a gain of 40,500 KM
3. The cost of inventory is 305,000 KM, the net selling value is 320,000 KM, the selling value without VAT is 340,000 KM, and the VAT rate is 17%. According to IAS 2, at what value should the inventory be presented? a) 305,000 KM b) 320,000 KM c) 340,000 KM d) 397,800 KM
4. According to IFRS 10 Consolidated Financial Statements, an investor controls an entity it has invested in if it has: a) the ability to use its power over the entity to influence the investor's return b) exposure, or rights to variable returns based on its interest in the entity it has invested in c) power over the entity it has invested in d) none of the above
5. In 2023, the reporting entity "ALFA" d.d. decided to allocate the undistributed profit from the previous year in the amount of 100,000 KM, of which 10% is allocated to legal reserves, 50% as dividends to shareholders, while 40% remains as undistributed profit. As a result of implementing this decision, the total capital of the company will: a) increase by 50,000 KM b) increase by 40,000 KM c) decrease by 40,000 KM d) decrease by 50,000 KM
6. According to IFRS 5, a non-current asset classified as held for sale is measured at: a) fair value b) carrying amount or fair value less costs to sell, whichever is lower c) carrying amount or fair value less costs to sell, whichever is higher d) all of the above
7. According to IFRS 16 Leases, after the commencement date of a lease, the lessee should measure the lease liability by: a) increasing the carrying amount to reflect interest on the lease liability b) reducing the carrying amount to reflect lease payments made c) remeasuring the carrying amount to reflect any lease modifications, reassessments, or revised in-substance lease payments d) all of the above
8. According to IFRS 15 Revenue from Contracts with Customers, when preparing a contract, an entity should assess the goods or services promised in the contract with a customer and identify as a performance obligation any promise to transfer to the customer: a) a distinct good or service (or a bundle of distinct goods or services) b) a set of distinct goods or services that are essentially the same and have the same pattern of transfer to the customer c) a non-distinct good or service (or a bundle of goods or services) d) all of the above
9. According to IFRS 13, the measurement of fair value is based on the assumption that the transaction to sell the asset or transfer the liability takes place: a) in the principal market for the asset or liability b) in the secondary market for the asset or liability c) in the most advantageous market for the asset or liability (in the absence of a principal market) d) none of the above
10. According to IAS 37, which of the following conditions need to be met for the recognition of a provision: a) the entity has a present obligation (legal or constructive) as a result of a past event b) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation c) a reliable estimate of the amount of the obligation can be made d) all of the above