Answers:
01. Presentation of financial statements.
02. Both content and form of financial statements.
03. Unless a liquidity presentation provides more
relevant and reliable information.
04. Current and non-current assets, Current and
non-current liabilities.
05. Allows mixed approach of current non-current distinction
with order of liquidity.
06. Provides information about the performance of
an entity in a period.
07. Consist of two parts.
08. Shows the amount at the beginning of the
period, changes during the period, and the amount at the end of the period for each component of equity.
09. True
10. Interim financial statements up to general features.
