If you’re studying IFRS 5 Non-Current Assets Held for Sale and Discontinued Operations, why not test your knowledge with our IFRS multiple choice question quiz? This is available by clicking here. By practicing questions you’ll improve your study and recall, ideal for people who learn best by ‘doing’ rather than just reading.
We’ve just uploaded a few applied questions to our question bank for IFRS 5. When you take our IFRS 5 quiz you’ll work on questions covering:
– How to present the gain/loss on discontinued operations under IFRS 5.
– When to recognise a discontinued operation.
– What is discontinued operations vs. what is abandoning an asset?
– What to do when an asset is classified as held for sale.
You’ll get access to all these questions as a member. If you’d like to try out the questions before, please feel free to try our free IFRS 5 Quiz.