Please explain. why answer is C. Why not it is subtracting CCA from GDP for the calculation of national income. But rather adding CCA and GDP to find out national income
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Kindly, explain logic of solving and why answer is C
Miller Processing Inc. is a book publisher operating in the U.S. In the most recent financial year, one of Miller’s production plants was completely destroyed by a factory fire. Miller complies with U.S. GAAP. Miller Processing Inc. will account for the ...
Unusual or infrequently occurring items which are material should be presented separately within income from continuing operations under: A. IFRS only. B. US GAAP only. C. Both IFRS and US GAAP Answer given is B. why not C
Pinnacle Products Incorporated (PIPR) wrote down the value of its inventory in 2010 and reversed the write-down in 2011. Under IFRS, compared to the ratios that would have been calculated if no write down had occurred, which of the following ...
A research analyst is analyzing a retail chain that offers products with downward sloping demand curves. Which of the following best describes the retail chain’s profit maximizing output and break-even point? A. The breakeven point occurs when TR equals TC, ...
Writing an investment policy statement (IPS) is important because it: A. is recommended by codes of corporate governance. B. can be used as a basis to determine the suitability of an investment. C. allows identification of any conflict between a ...
Martina Gibbons is a CFA Level II Candidate, who is yet to register for the Level III exam. During an interview, Gibbons makes the following two statements: Statement 1: “I have successfully completed the first two levels of the CFA
Miller Processing Inc. is a book publisher operating in the U.S. In the most recent financial year, one of Miller’s production plants was completely destroyed by a factory fire. Miller complies with U.S. GAAP. Miller Processing Inc. will account for the ...
Can anyone explain the concept of securitization and its impact on operating, investing and financing cashflows?