Intermediate Accounting, Volume 1, 13th Canadian Edition 13th Edition, Kindle Edition, SOLUTION MANUAL FOR CHAPTER 13: NON-FINANCIAL AND CURRENT LIABILITIES−LATEST UPDATE

Intermediate Accounting, Volume 1, 13th Canadian Edition
13th Edition, Kindle Edition, SOLUTION MANUAL FOR
CHAPTER 13: NON-FINANCIAL AND CURRENT
LIABILITIES−LATEST UPDATE

, CHAPTER 13

NON-FINANCIAL AND CURRENT LIABILITIES
Learning Objectives
1. Understand The Importance Of Non-Financial And
Current Liabilities From A Business Perspective.
2. Define Liabilities, Distinguish Financial Liabilities From
Other Liabilities, And Identify How They Are Measured.
3. Define Current Liabilities And Identify And Account For
Common Types Of Current Liabilities.
4. Identify And Account For The Major Types Of Employee-
Related Liabilities.
5. Explain The Recognition, Measurement, And
Disclosure Requirements For Decommissioning And
Restoration Obligations.
6. Explain The Issues And Account For Product Guarantees,
Other Customer Program Obligations, And Unearned
Revenue.
7. Explain And Account For Contingencies And Uncertain
Commitments, And Identify The Accounting And
Reporting Requirements For Guarantees And
Commitments.
8. Indicate How Non-Financial And Current Liabilities
Are Presented And Analyzed.
9. Identify Differences In Accounting Between IFRS And
ASPE, And What Changes Are Expected In The Near
Future.

,Summary Of Questions By Learning Objectives And Bloom’s Taxonomy

Ite LO BT Ite LO BT Ite LO BT Ite LO BT Ite LO BT
M M M M M
Brief Exercises
1. 1 C 8. 3 AP 15. 4 AP 22. 5,9 AP 29. 6,9 AP
2. 3 AP 9. 3 AP 16. 4 AP 23. 6 AP 30. 7,9 AP
3. 3 AP 10. 3 AP 17. 4 AP 24. 6 AP 31. 7 AP
4. 3 AP 11. 3 AP 18. 4 AP 25. 6 AP 32. 8 AN
5. 3 AP 12. 3 AP 19. 4 AP 26. 6 AP 33. 8 AN
6. 2,3 AP 13. 3,9 C 20. 2,5 AP 27. 6 AP 34. 8 AN
7. 3 AP 14. 3,9 C 21. 5,9 AP 28. 6 AP 34. 8 AN
Exercises
1. 2,9 C 8. 3,8,9 AP 15. 5,9 AP 22. 6,9 AP 29. 7,9 C
2. 3 AP 9. 3,8,9 AP 16. 5,9 AP 23. 6,9 AP 30. 8 AN
3. 3 AP 10. 4 AP 17. 6 AP 24. 6,9 AP 31. 8 AN
4. 3,9 AP 11. 4 AP 18. 3,4,6 AP 25. 6 AP 32. 8 AN
5. 3 AP 12. 4 AP 19. 6,9 AP 26. 6,9 AP
6. 3,9 AP 13. 4 AP 20. 6,8,9 AP 27. 6 AP
7. 3,4,6,7,9 C 14. 4,9 AN 21. 6,9 AP 28. 6 AP
Problems
1. 2,3,5,9 AP 5. 4 AP 9. 6,7,9 AP 13. 6,9 AP 17. 7,8, AP
9
2. 2,3 AP 6. 4 AP 10. 6,7,10 AP 14. 6,8,9 AP
3. 2,3,4,6,9 AP 7. 4,9 AN 11. 6,8 AP 15. 6,9 AP
4. 2,3,5,6 AP 8. 5,7 AP 12. 6,7,9 AP 16. 7,8 AP
Cases
1. 6,9 AN 2. 3.
Integrated Cases
1. 7 AN 2. 7 AP 3. 7 AP
Research And Analysis
1. 5,6,7 AP 3. 6,7,8 AP 5. 6,7 AP 6. 4,8 AP 7. 2,6, AN
7
2. 3,7,8 AP 4. 3,5,6, AP
8

, Legend: The Following Abbreviations Will Appear Throughout The Solutions
Manual File.

LO Learning Objective
BT Bloom's Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level Of Difficulty
S Simple
M Moderate
C Complex
Time: Estimated Time To Complete In Minutes
AACSB Association To Advance Collegiate Schools Of Business
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
CPA CM CPA Canada Competency Map
Ethics Professional And Ethical Behaviour
PS And DM Problem-Solving And Decision-Making
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork And Leadership
Reporting Financial Reporting
Stat. & Gov. Strategy And Governance
Mgt. Accounting Management Accounting
Audit Audit And Assurance
Finance Finance
Tax Taxation
DAIS Data Analytics And Information Systems