Deferred tax assets and liabilities should be classified under IFRS as

Non-current Current Per the discretion of management Long term assets or liabilities

The cost of abnormal amounts of wasted material in the production of self-constructed assets are

Expensed Capitalized Ignored Capitalized as per accounting policy choice

Cash payments to acquire assets that will be held for rental to others and subsequently for sale are

Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Cash flow from foreign activities

IFRS is developed primarily for what type of financial reporting?

External to Shareholders and investors Internal to management Reporting to the employees To tax authorities for disclosing taxable income

Which is NOT a category of financial asset under IFRS 9?

Held for maturity Amortised cost Fair value through profit and loss Fair value through other comprehensive income