What is the duration, language, and format of 2VB-602:vSphere 6.5 Foundations
- Type of Questions: Single and Multiple Choice.
- Number of Questions: 60
- Length of Examination: 120 minutes
- Language: English
- Passing Score: 70%
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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Financial Statements
The following will be asked from you in the exam:
- Financial Statements
- Statement of income
- Statement of cash flows
- Notes accompanying the accounts - the true source of information
- Content of the key financial statements
- Statement of financial position
- Statement of other comprehensive income
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Topics of International Financial Reporting Standards for Compensation Professionals (T7)Exam
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WorldatWork T7 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: IFRS Application & Disclosure | 10% | - Financial statement implications - Impact on compensation decisions - Disclosure requirements |
| Topic 2: IAS 19 Employee Benefits | 30% | - Post-employment benefits - Long-term benefits and termination benefits - Short-term employee benefits |
| Topic 3: IFRS 2 Share-Based Payment | 20% | - Recognition and measurement rules - Expense recognition and disclosure - Equity-settled vs. cash-settled plans |
| Topic 4: Introduction to IFRS | 20% | - Purpose and scope of IFRS - IASB structure and objectives - IFRS vs. other reporting frameworks |
| Topic 5: IFRS Conceptual Framework | 20% | - Financial reporting objectives - Elements of financial statements - Recognition and measurement principles |
