Question: hello, please choose the right answer ASAP (only one is correct) A lessor is the company, which: .none of given b.usually owns and uses the

hello, please choose the right answer ASAP (only one is correct)

A lessor is the company, which:

.none of given

b.usually owns and uses the item

c.usually pays the lease payments

d.usually owns the item, which is rented out to another compan

Consider and point correct answer. Under IFRS the right to use asset:

reflects the right to use the item in financial statement of the lessor

b.has no impact on total assets of the user of the items (under lease agreement)

c.none of given

d.is presented by lessee, if it has lease contracts

Which of following methods is not used for inventories (under IFRS)

none of given answers is correct

b.first in first out

c.all of given methods are allowed under IFRS

d.weighted average

e.last in first out

A company Alfa created a trade mark and sells its products marked with it. In such a case:

the trade mark should be presented within intangible assets

b.the trade mark is not presented in the balance sheet of the company

c.the trade mark should be presented within inventories

d.the trade mark should be presented within property, plant and equipment

e.none of given

A company Alfa is the construction company. Which of following transactions will cause the recognition of revenue:

.a sale of unnecessary crane and excavator

b.a sale of financial assets

c.a purchase of materials

d.none of given answers is correct

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