Question

3. ?Fixed assets with focus on:

A. definition and classification of fixed assets

B.valuation of fixed tangible assets in the period of acquisition

C. function and means of depreciation recording, accounting and tax depreciation

D.valuation of fixed financial assets in comparison with valuation of current assets - ways of fixed assets sale accounting and their consequences

4.?Current assets with focus on:

A.definition and classification of current assets

B.valuation of individual parts of current assets in the period of acquisition,

C.problems of stock’s valuation in dispensing and their influence on financial indicators

D.correction items, their purpose and means of recording

E. ways of stocks record keeping and their characteristics

Answer 1

3)b- Fixed assets will focus on the valuation of fixed tangible assets in period of acquisition ,

although they do introduce and describe and define the definition and classification of fixed assets but the main focus is on the valuation aspects. As regards depreciation aspects mentioned in point c) , so depreciation chanpter and the relevent accounting standard on depreciation focuses on depreciation , accounting etc.

Point d gets covered by the chapter of financial instruments and not covered under the fixed assets purview, there is specific chapter alloted to that.

Hence answer is B

4) b- Current assets will focus mainly on valuation of individual parts of current assets in period of acquisition, although other points also fall under current assets but main focus of current assets is on valuation aspects.