Why the truck is not measured at fair value instead measured at carrying value for accounting the loss in balance sheet?
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Which of the following events is most likely to lead management to make biased accounting choices? Changing the company’s fiscal year Changing the company’s audit firm Changing the company’s CEO The correct answer is 3 but why is the answer not 1??
Getting a little confused with the English language here. What does ‘due in three equal payments on 30th June‘ mean?They’ve taken 200 in calculation.
How to calculate the the impament here the question 14
Q. The following information is available about a company for the current year: Net income of $32 million Weighted average number of common shares outstanding of 4.5 million $15 million of 12% convertible bonds, convertible into 50,000 shares 200,000 options with an exercise price of ...
Q .69 , answer behind is B , please explain
In this question,the selected data has been given from the cash flow statement. Deduction of change in WC in the CF statement means increase in the WC from B/S point of view. If it’s an increase then it’s an investment ...
Shouldn’t the answer be A according to IFRS?
Hello can any one please tell me about accrued utilities payble in this question since it has increased in 2015 according to my thought process its a source i thought it should be added but it is subtracted can any ...
While calculating turnover ratios i am confused when to take average and when to take ending values in the denominator.. In some question ending is taken and in some average