New Year Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmasmnth

Venturer Ltd has received fees from venture capital activities and has engaged you as the...

Venturer Ltd has received fees from venture capital activities and has engaged you as the accountant to prepare the financial report for 31 December 20X0. Unable to find a specific reference to venture capital fees in either the conceptual framework or the accounting standards, you establish the appropriate accounting treatment by

A.

consulting with the International Accounting Standards Board.

B.

referring to the fundamental accounting assumptions and conventions.

C.

using your professional judgment and referring to generally accepted accounting principles and practice.

D.

using your professional judgment and referring to the conceptual framework's definitions and recognition criteria.

CPA Australia Financial-Accounting-and-Reporting Summary

  • Vendor: CPA Australia
  • Product: Financial-Accounting-and-Reporting
  • Update on: Jan 6, 2026
  • Questions: 100
Price: $52.5  $149.99
Buy Now Financial-Accounting-and-Reporting PDF + Testing Engine Pack

Payments We Accept

Your purchase with ExamsVCE is safe and fast. Your products will be available for immediate download after your payment has been received.
The ExamsVCE website is protected by 256-bit SSL from McAfee, the leader in online security.

examsvce payment method