1、单选题：
Which of the following is not a requirement in the financial statements under IAS 1?
选项：
A:Chairman’s commentary on performance
B:The accounting periods
C:Whether accounts cover a single entity or a group
D:Name of the entity
答案: 【Chairman’s commentary on performance】

2、单选题：
When a company issues shares for more than their nominal amount, the excess is called…
选项：
A:Share premium
B:Share excess
C:Par value
D:Share markup
答案: 【Share premium】

3、单选题：
What is the term used to describe the time between the acquisition of assets for processing and their realization in cash or cash equivalents?
选项：
A:Processing cycle
B:Operating cycle
C:Turnover
D:Turnaround
答案: 【Operating cycle】

4、单选题：
Under IAS 1, how often should financial statements be prepared?
选项：
A:At least annually
B:Monthly
C:As often as the company requires
D:No more than annually
答案: 【At least annually】

5、单选题：
Which of the following is not a component of a Statement of Financial Position?
选项：
A:Cost of goods sold
B:Non-current assets
C:Inventories
D:Retained Earnings
答案: 【Cost of goods sold】

6、单选题：
Which of the following is not a required disclosure under IAS 1?
选项：
A:Provisions
B:Assets held for sale
C:Number of employees
D:Intangible assets
答案: 【Number of employees】

7、单选题：
Which sections of an annual report do IFRSs apply to?
选项：
A:Management report
B:Auditors report
C:Financial statements
D:Entire annual report
答案: 【Financial statements】

8、单选题：
The statement of cash flows is
选项：
A:an alternative to the balance sheet
B:a legal requirement for all business entities
C:covered in IAS (International Accounting Standard) 7
D:an alternative to the income statement account
答案: 【covered in IAS (International Accounting Standard) 7】

9、单选题：
The cash flow direct method calculates cash generated from operations from
选项：
A:changes in working capital
B:operating profit
C:analysis of all receipts and payments relating to operating activities
D:analysis of the changes in cash and overdraft levels
答案: 【analysis of all receipts and payments relating to operating activities】