Which of the Following Is NOT Within the Scope of IFRS

question 26

Multiple Choice

Which of the following is NOT within the scope of IFRS 2?

• A) Transactions in which the entity receives or acquires goods or services as part of the net assets acquired in a business combination to which IFRS 3 Business Combinations applies.
• B) Equity instruments granted to employees of the acquiree in a business combination in their capacity as an employee.
• C) Cancellation, replacement or other modification of share-based payment arrangements because of a business combination.
• D) Cancellation, replacement or other modification of share-based payment arrangements because of other equity restructuring.

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Definitions:

Taxable Income

The portion of an individual or entity's income that is subject to tax by governmental authorities, after deductions and exemptions.

Progressive

A political and social philosophy advocating for changes and reforms through governmental action in order to achieve a more equitable society.