Under U.S. GAAP, ________ preferred shares are classified as a liability. Group of answer choices mandatorily redeemable convertible callable non-mandatorily redeemable
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- How are shares issued at full market value treated differently from rights issues? Explain why it is?20. Under PFRS9, investment in equity securities not held for trading are classified as: * a. FVPL b. Either FVPL or FVOCI, depending on the entity’s business model c. FVOCI, if the entity opted to carry as FVOCI, otherwise, carried as d. FVPL FVOCIUnder PFRS9, investment in equity securities not held for trading are classified as: A. FVOCI B. Either FVPL or FVOCI, depending on the entity’s business model. C. FVOCI, if the entity opted to carry as FVOCI, otherwise, carried as FVPL. D. FVPL
- Question: about IFRS 2. Evaluate whether the treatment of the two types of share-based payments as equity (equity- settled share based payment) or liability(cash settled share-based payment) is in line with the enhancing qualitative characteristics in the IASB Conceptual Framework?The difference between authorized share capital and issued share capital is known as __________. Select one: a. current share capital b. preference share capital c. ordinary share capital d. unissued share capitalRedeemable preference shares will be shown under: a. Equity in the statement of financial position b. Non current liability in the statement of financial position c. Current asset in the statement of financial position d. Current liability in the statement of financial position
- Which of the following can not be used for redemption of preference shares? A. Insurance Fund B. Workmen's Compensation Fund C. General Reserve D. Profit Prior to IncorporationPreference shares, as noted in AASB 132: Select one: a. should be regarded as debt when redemption is at the option of the holder or on a specified date. b. will be classified as debt or equity based on their legal form rather than the substance of the financial instrument. c. exhibit the characteristics of equity when they are non-redeemable. d. will have their classification as debt or equity affected by the intention to make distributions in the futureWhich statement is true regarding the accounting treatment for convertible preferred shares under IFRS? Question 21 options: a) Convertible preferred shares are initially measured at the fair value of the cash or other asset received. b) At conversion, a gain or loss is recognized on the difference between the carrying value of the equity portion of the shares and the fair value. c) Convertible preferred shares are subsequently measured at fair value. d) The liability and equity elements of convertible preferred shares must be presented separately on the statement of financial position.
- Under IFRS 2, Share-Based Payment, the value of the options that lapse after vesting shall be credited to income during the period that the options lapse remain in equity. be converted into a liability. be credited to expense during the period the options lapse.Which feature of preference shares would most likely be opposed byordinary shareholders? A. callableB. convertibleC. participatingD. redeemableThe best valuation method(s) for a publicly-traded preference share is :a. Relative valuation and contingent claim valuation b.Intrinsic valuation, relative valuation and contingent claim valuation c.Intrinsic valuation only d.Intrinsic valuation and relative valuation