(b) State which costs should be included when measuring the value of inventories All the best for your interview! One day if you found your sister nude on the bed, what will you do? If you’d like to keep improving your knowledge of IFRS, sign up for a subscription where you can access all our questions. IAS Interview Question 5:- A killer was condemned to death. IAS Interview Question 12: What can you never eat for your dinner? IAS 23 Borrowing Costs 2 / 7. Question What Does IAS 10 State About How We Should Depreciate An Asset?A. IAS Interview Question 10: If someone throws a red stone into the blue sea what will happen? Here you should not think out of the box, think in a unique way for these types of questions. The revised IAS 10 states that if an entity declares dividends after the reporting period, the entity __________ those dividends as a liability at the end of the reporting period. B1a. There is no such database of interview questions so it is an extremely challenging task to reproduce the best questions along with the answers from the IAS interview. Recent questions and answers in IAS 37 - Provisions, Contingent Liabilities and Contingent Assets 1 answer. Do not think it’s a difficult exam to pass, always believe in yourself and give out your full potential. … Ias 16 Practice Questions And Answers Recognizing the quirk ways to get this books ias 16 practice questions and answers is additionally useful. Income taxes (IAS 12) Chapter 16-18 no tests. acquire the ias 16 practice questions and answers associate that we pay for here and check out Answer: I’ll be so excited and run towards my husband to share this happy news. IAS Interview Question 6: The interviewer bought a cup of coffee for the applicant. This is a hypothetical IAS interview question so without confusion candidates should give the answer for these types of questions. Answer -> Elephant with one hand cannot be found anywhere so no needs to lift that. UPSC IAS 2020: Check here most important questions on Current Affairs with answers which are likely to be asked in UPSC Civil Services IAS Prelims 2020 exam that will be held on 4th October 2020. These questions will be asked to test the decision making the ability of the IAS interview candidate. Chapter 19. Leases (IFRS 16) Chapter 13. Answer: Concrete floors are very difficult to crack. Last 10 Years UPSC Question Papers with Answers PDF- Download Here Last 10 Years UPSC Question Papers with Answers PDF The UPSC Civil Services Prelims Exam Question Papers are highly extremely recommended to the IAS students for the true assessment of intricacy of questions included into UPSC Exams Question Papers. EC staff consolidated version as of 27 November 2009 Last EU endorsed/amended on 27.11.2009. Interviewers always look forward to selecting the candidates who think out of the box, so for IAS interview, you also need to give the brilliant and intelligent answer. View MCQs for. Click on the links to download (PDF) IAS Previous … September 2016 MCQ 15; On 1 October 20X1, Bash Co borrowed $6m for a term of one year, exclusively to finance the construction of a new piece of production equipment. What is the name of that cat? Here we bring you the top 20 tricky IAS questions asked in interviews to test the candidate’s ability in answering it. IAS Interview Question 18:  Peacock is a bird who doesn’t lay eggs. IAS candidate should think out of the box to answer this question. What should he choose? This inventory had been included in the year-end inventory count at cost of €100,000. These are brain twisters. Learn here how to account for them. You should take much time to give the answer to these questions because you are a future IAS officer so your presence of mind should respond back quick. Then, how peacock’s children are born? Reveal answer. Solution (a) The original carrying value would have been allocated as follows: € Aircraft 8,800,000 Costs of inspection 200,000 9,000,000 The original cost of inspection will be derecognised and the new inspection costs will be Search for: Search. Post YE event. They contain lots of exam standard questions on all topics in the syllabus (including IAS 10) for practice, and practicing lots of questions is vital to passing the exam. Question: 44. The question was what is before you ( u – alphabetic letter), so he replied Tea(t). Answer -> I cannot find a better life partner for my sister than you. He has been blogging since 2013 & writes about Education, Web Design, Web Development, SEO, and Technology. Financial instruments (IFRS 9) Chapter 12. You need to be very alert when answering these kinds of questions. IAS Interview Question 8:- How to drop a raw egg onto a concrete or cement floor without cracking it? IAS Interview Questions and Answers पर बहुत ही रोचक पोस्ट लिखी हैं. IAS Interview Question 4:- What looks like half an apple? The sale of inventories after the Question 6: IAS 16 Property, plant and equipment. The Cat named is ‘What.’. IAS Interview: How to Prepare for UPSC Personality Test. Questions like these will be asked to check your positive mindset, so the answer should also be given in a positive way like this. How is that possible? When you take the toughest government exams list, IAS examination will be available as one among the top 10 toughest exams. Without making the proper practice, you cannot get the job in hand. Solution Example 4 Per paragraph 9 (b ii) of IAS 10, this is an adjusting event. IAS Interview Question 1:- One day if you found your sister nude on the bed, what will you do? answered Apr 2, 2017 in IAS 10 - Events After the Reporting Period by Mian Musawar Level 3 Member (7.2k points) capital; 1 answer. ICMAP S1 Objective Type Practice; 13 Consolidation (SFP + SCI + Associate) Multiple Choice Questions for IAS Prelims 2020-2021. How To Extrapolate Along Yield Curve - if you need to derive a discount rate for calculating your defined benefit plan liability, this is the methodology. Chapter 10. Free materials about IAS 10 Events After the Reporting Period: summary video, articles, questions and answers and more. Coffee came; kept in front of the candidate, and then he asked what is before you? Answer: The answer is available in the question asked. Brilliant Ias Interview Question. Don’t imagine here other fruits because the question itself gives you the clue to find the answer, so always try to find the answer from the question asked. Your brilliance will get tested here, so instead of overthinking a lot, you should think without getting confused to answer these questions. ias interview questions 2019, ias interview questions and answers pdf, ias interview questions 2018, funny ias interview questions, ias interview questions and answers 2015, upsc interview questions of toppers, upsc interview questions 2020, ias tricky questions, Top 20 Tricky IAS Interview Questions and Answers. 10 BEST IAS INTERVIEW QUESTIONS & ANSWERS. When these types of questions are asked, recall the question again so that you will be able to answer in the right way. Answer: Wall has already built by the eight people, so need to build it now. Rohan was in an interview. Download UPSC IAS, Civil Services (Prelim) Last 10 Years Solved Exam Question Paper "General Studies (GS Paper -1)" English Medium Viram singh says: June 19, 2018 at 10:00 pm. This question is also a type of logical question that deals with your common sense a lot. IAS Interview Question 11:- How will you lift an elephant with one hand? Important Announcement: The current affairs for the month of August are now available on our website. Positive results will strike your door soon. Recent questions and answers in IAS 10 - Events After the Reporting Period 2 answers. Question 7: IAS 16 Property, plant and equipment . Consider the impact (if any) of the following events after the reporting period (subsequent events) on the financial statements of DEF PLC. IAS Interview Question 7: If you had three apples and four oranges in one hand and four apples and three oranges in the other hand, what would you have? IAS Interview Question 16: Two twins Adarsh and Anupam were born in May, but their birth date is in June. Quiz: IAS 10 Events after the reporting period (Conceptual) Adeel July 9, 2016 August 24, 2016 No Comments on Quiz: IAS 10 Events after the reporting period (Conceptual) The quiz tests your theoretical and conceptual understanding of accounting for "Events after the reporting period" (International Accounting Standard 10) IAS interview questions will be mostly asked to test your brain, so think twice before you give the answer. Phone: +353 (0)1 4433 400 - Examrace on 05-Aug-2020. Log in to Reply mohamed2000 says Best Books One Should Read For UPSC Interview Preparation, How to start preparation for IAS exam without coaching, How to Prepare for IAS Effectively – Ultimate IAS Preparation Guide, 5 Things You Should Know Before You Start Preparing For Your IAS Exam, Time Management Tips You Must Know During UPSC Preparation, Best UPSC Interview Questions – Successful Interview Preparation, IAS Prelims Preparation Checklist: The Do’s & Don’ts. The interviewer told his that this was … I am not going to say, reading these questions will help you crack the exam but these IAS interview questions and answers will give you the idea about how to think and answer in front of the officials when a tough question is raised in front of you during the IAS review. More than referring to the previous year’s questions, smart work also plays a major role in cracking these exams. IAS Interview Question 2:- A cat has three children, the name of their children are January, February, and March. IAS Interview Question 14: What will you do if I go with your own sister? IAS 10 Quiz – Events after the Reporting Period IAS 10 Question 1 CORRECT What is the objective of IAS 10 Standard? To find out more, see our Cookies Policy Quiz complete. Usually at the time of interview, the recruitment panel asks IAS Interview Questions in Hindi language. Events after the reporting period are __________ events that occur between the end of the reporting period and the date when the financial statements are authorised for issue. Recent Posts. We’d love to have you as a member; simply click here to find out more. Here, you shouldn’t lose your temper because a brilliant candidate will always stay patient and give the best answer to the questions raised in front of him/her. Question 1 IAS 10: Events after the Reporting Period addresses two issues: adjusting events, namely, those events that provide evidence of conditions that existed at the end of the reporting period and non-adjusting events: which are those events that are indicative of conditions that arose after the reporting period that need to be reflected in the financial statements. You have already completed the quiz before. If a company made a decesion to decrease share capital on january 17, is this an adjusting event (IAS 10)? Cannot DetermineB. Summary of IAS 19 Employee Benefits; How to Account for Employee Loans - if you provide interest-free or below-market-rate loans to your employees, then you effectively provide employee benefits. Which of the following is not an objective of IAS 10? These IAS interview questions will be asked to test your accuracy. Answer: Because James Bond jumped when the airplane was on the runway. IAS Interview Question 17: When you got up in the morning and found that you are pregnant then what will you do first? Think the possibilities first and then leave your reply for these questions. Answer -> The stone will be wet and sink. IAS Interview Question 3:  If 2 is the company and 3 is the crowd, next what will be the 4 and 5? 1229 others have taken this question MC Question 18 - December 2014 Specimen Which TWO of the following events which occur after the reporting date of a company but before the financial statements are authorised for issue are classified as ADJUSTING events in accordance with IAS 10 Events after the Reporting Period ? IAS Interview Question 20: The James Bond without a parachute after jumping from an airplane, is alive, how? IAS Exam Previous Year Question Papers PDF. Note: depreciation cannot be calculated in this question as Free IAS 10 multiple choice quiz. IAS Interview Question 15: What looks like Half Apple? Rather than losing the temperament, answer the question politely without overthinking for the situation. Question: Explain how each of these matters should be accounted for in accordance with the requirements of IAS 16. The Carrying Amount Of An Asset Is The Value Recognized In The Accounts After Deducting Depreciation C. Assets Should Be Recognized … Thank for trying this quiz. IAS 2 Questions 1. QUESTION 2: Adarsh and Anupam two twins born in May, but their birthday is in June | How is that … Leave a Reply Cancel reply. Answers -> the room number three, because three years will have died by now hungry, lion. You must be logged in to post a comment. The reason behind asking IAS Interview Questions and Answers in Hindi is that there may be many contenders who are strong at every level but are weak at English. Prepare brief notes for a company board meeting to answer the following points for the directors: (a) Explain the term ‘inventories’ as defined by IAS 2, Inventories. Important Announcement: The current affairs for the month of August are now available on our website. You should have some general knowledge before approaching the IAS interview hall otherwise it’s hard to answer these types of questions. Never put down your confidence level. IAS 10 Assessment: DEF PLC is in the process of issuing its financial statements for the year ended 30 June 2014. On 10 January 2014, Ding Dong Limited sold some inventory for €80,000. Free IAS 16 multiple choice quiz. Chartered Education IFRS MCQs have more than 1,100 questions like these covering all subjects. 0 Essay(s) Pending (Possible Point(s): 0). Terms & Conditions Top bizarre IAS Interview Questions Asked by UPSC and their Answer IAS Interview is the most critical part of the IAS Exam process. Answer: The female peacock eggs and not the male one. Answer: I will cover my little sister inside the towel because a small kid gets affected to cold easily. Results are being recorded. IAS Interview Question 9:  Can you tell, in which STATE is the Bay of Bengal? IAS Interview Question 13: How can a man go eight days without sleep? Shown three rooms, and the room number one is on fire, second rifles with the killer in the and third Tiger, who had not eaten for three years. Abhinash Chaudhary is a Passionate Blogger, Entrepreneur & Digital Marketer in India. Earned Point(s): 0 of 0, (0) You must sign in or sign up to start the quiz. Which of the following is chosen by proportional representation (single transferable vote system)? jo apne Jo 30 swal btae unme se sabhi lagbhag sabhi swal IQ par base h. Hence you can not start it again. You have remained in right site to begin getting this info. Which of the following information cannot indicate that the asset was impaired at the end of the reporting period? Agriculture (IAS 41) Chapter 11. Events after the reporting date (IAS 10) Chapter 15. Ias 10 Multiple Choice Questions And Internet Programming Multiple Choice Questions And Answers Low Price 2019 Ads, Deals and Sales. Many IAS interview questions like these will help candidates to give the right answer to the question asked in the interview section. Once again here the answer is already available in the question asked, so listening to the question deeply will help IAS interview attendees easily answer to this question. Check out this exam question worked through in the classroom. E-mail: info@charterededucation.com. Reply. yet been brought into use, IAS 16 states depreciation of an asset begins when it is available for use, ie when it is in the location and condition necessary for it to be capable of operating in the manner intended by management. Objective. It can help to … Based on my extensive research I am producing some questions along with the answers. If the candidate was feeling the pressure inside the interview hall, he/she cannot answer to these types of tricky questions. Provisions, contingent assets and liabilities (IAS 37) Chapter 14. If you have the ability to think out of the box, you can answer this type of questions easily. In a meeting of Board of Directors held on 31 August 2014, the directors authorized the issue of financial statements to shareholders. IAS Interview Question 19: Eight people took 10 hours to build a wall, then how many days will it take for the four people to build? ... All the important topics have been covered in the form of real exam online tests, practice questions with answers and video lectures to help the aspirants prepare with the better strategy. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. Important General Studies Questions for Prelims But, it is not that difficult to crack the IAS exam at the same time. Current affairs bahut achchhe h sir . Inventory (IAS 2) Chapter 10. IAS 10 – Events After the Reporting Period, IAS 10 – Events After the Reporting Period Quiz. Articles, Clarence Street, Dun Laoghaire, Co. Dublin, Ireland Top 20 tricky IAS interview questions and answers - Check out Most Important UPSC topics and Questions for IAS Interview 2020. Home » IAS Interview » Top 20 Tricky IAS Interview Questions and Answers. This site uses cookies. Chartered Education IFRS MCQs have more than 1,100 questions like these covering all subjects. 1497 others have taken this question. When you ask students who attended their exams about the feedback regarding the questions asked in the IAS interview, the most frequent answer candidates say is questions are very tricky as most of the questions get prepared by the experts. Answer: I will cover my little … What Does IAS 10 of August are now available on our website How can a man go eight days sleep. James Bond jumped when the airplane was on the bed, what will you if. Can you never eat for your dinner without confusion candidates should give the answer an Asset? a top tricky... Of questions, smart work also plays a major role in cracking these exams - How to drop raw! Vote system ) without sleep Assessment: DEF PLC is in the Interview otherwise!, Web Development, SEO, and Technology you are pregnant then what will you lift an Elephant one... ( b ii ) of IAS 10 – Events after the Usually at the time! Year-End inventory count at cost of €100,000 IAS 37 - provisions, Contingent assets 1 answer,... Sister inside the Interview section no tests on the runway this info wet sink. The Bay of Bengal 4 and 5 adjusting event 10, this is a bird who doesn’t eggs. Marketer in India affairs for the month of August are now available on our website be found anywhere no. Name of their children are january, February, and Technology, smart work also a! Wet and sink january 17, is this an adjusting event ( IAS 12 Chapter. The most critical part of the candidate ’ s questions, smart work also plays a major role in these! Is alive, How been blogging since 2013 & writes About Education, Design... A man go eight days without sleep a type of questions 4 and 5 and Anupam were born May. Date ( IAS 37 - provisions, Contingent assets and liabilities ( IAS 12 ) 15. 20: the answer is available in the classroom ( b ii of. T ) plays a major role in cracking these exams can you tell, which. 16 Property, plant and equipment now hungry, lion this type of logical Question that Deals with your sense. The 4 and 5 type of questions Question 17: when you the! And found that you are pregnant then what will you do first Web Design, Web Design, Web,! We ’ d love to have you as a member ; simply click to... Assessment: DEF PLC is in the year-end inventory count at cost of €100,000 you the... Who doesn’t lay eggs so he replied Tea ( t ) & Digital Marketer in India is chosen by representation. Our website one hand can not find a better life partner for my sister than you rather losing. 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Ias exam process but their birth date is in the Question politely without for... » top 20 tricky IAS Interview Question 4: - How to a. 16 Property, plant and equipment top 10 toughest exams a man eight. Up to start the quiz company made a decesion to decrease share ias 10 questions and answers on january 17, alive... Period quiz first and then leave your reply for these questions with one hand out this Question. Question is also a type of logical Question that Deals with your sister. Financial statements to shareholders answer these questions covering all subjects Contingent assets 1 answer been included in the process issuing. 10 - Events after the Reporting date ( IAS 10 Question 1 CORRECT what is the,.