Amortised cost Study guides, Study notes & Summaries
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FAC3703 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (551692) - DUE 8 April 2024
- Exam (elaborations) • 9 pages • 2024
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FAC3703 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (551692) - DUE 8 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Best Electronics Ltd is a multinational company operating in the manufacturing and distribution of electronic goods. The company has recently experienced significant growth and expansion, leading to the acquisition of several properties and manufacturing equipment. Best Electronics Ltd has a 31 Januar...
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MAC3702 Mock Exam (DETAILED ANSWERS) 2023 (October/November)
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MAC3702 Mock Exam (October/November) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
QUESTION 1 (25 marks; 30 minutes) 
MusclePharm Ltd (MusclePharm) was founded in 2005 to develop the most scientifically 
advanced, clinically aligned and safest range of dietary supplementation possible. MusclePharm 
is currently financed by a debt to equity ratio of 20 : 80. 
Management of MusclePharm is considering investing in ...
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ACCA - SBR ALL SOLUTION LATEST 2023/24 EDITION 100% CORRECT GUARANTEED GRADE A+
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What if not followed IAS or IFRS? 
Not True and Fair 
= UNETHICAL 
Why PRINCIPLES not RULES? 
Principles harder to circumvent 
Why have a FRAMEWORK? 
Provides guidances for standards setters 
Gives guidance where no standards exist 
Helps all parties with intrerpretation 
2 x Useful qualities of financial information 
RELEVANCE = Influences Decisions 
FAITHFUL REPRESENTATION = Complete, Neutral, No Errors 
What does RELEVANCE offer? 
PREDICTIVE VALUE 
CONFIRMATORY VALUE 
4 X Qualities of FAITHFU...
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ACCA financial reporting ALL SOLUTION 100% CORRECT SPRING FALL-2023/24 EDITION GUARANTEED GRADE A+
- Exam (elaborations) • 48 pages • 2023
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How is revenue treated that is receivable 2 years after the goods are delivered? 
The amount of revenue initially recognised is the amount receivable discounted to present value. 
Interst is then applied to the receivable as interest income over 2 years 
IFRS 9 requires investments in equity instruments to be measured and accounted for ( in the absence of any election at initial recognition)? 
Fair value with changes going through profit or loss 
What are acceptable methods of accounting for a g...
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FIN2603 EXAM PACK 2023/2024
- Exam (elaborations) • 73 pages • 2023
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Question 2 of 21 
1.0	Points 
Which stakeholders have the first claim on assets when a organisation enters bankruptcy? 
 
 
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A.	Creditors 
 
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B.	Top management 
 
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C.	Debtors 
 
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D.	Shareholders 
 
 
 
Answer Key:A Question 3 of 21 
1.0	Points 
The long-term financial goal of the firm may be achieved by ... 
 
 
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A.	maximising revenue and minimising expenses. 
 
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B.	minimising the cost of capital and maximising the internal rate of return (IRR). 
 
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C.	m...
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CFA Level 1 glossary 2023 Exam with complete solutions
- Exam (elaborations) • 109 pages • 2023
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A priori probability - Answer- A probability based on logical analysis rather than on observation or personal judgment. 
 
abnormal return - Answer- The amount by which a security's actual return differs from its expected return, given the security's risk and the market's return. 
 
absolute advantage - Answer- A country's ability to produce a good or service at a lower absolute cost than its trading partner. 
 
Absolute dispersion - Answer- The amount of variability present without comparis...
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FAC3702 EXAM PACK 2024
- Exam (elaborations) • 132 pages • 2023
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FAC3702 EXAM PACK 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
 
QUESTION 1 
The following financial information relates to ABC Limited for the year ended 30 April 2014: 
1. Machine 
Cost 
Residual value 
Revalued amount on a net replacement value basis 
Date R 
1 May 
1 May 2011 50 
000 30 April 
Depreciation rate - 20% per annum straight-line 
The tax base on 1 May 2013 was R200 000 which w...
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Exam For Texas Real Estate Principles 1 Questions and Answers 2024
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Exam For Texas Real Estate Principles 1 Questions and Answers 2024 
 
There are seven sources of law in the United States, What would be an example of them? 
Local zoning laws, FHA/VA regulations, court decisions 
Laws passed by Congress and various other various state legislatures may 
Authorize agencies to pass rules and regulations to enforce the provisions of law 
The legal concept of precedent 
Grew out of common law 
Constitutional provisions 
Establish the rights of citizens and delineate...
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Exam For Texas Real Estate Principles 1 Questions and Answers 2024
- Exam (elaborations) • 22 pages • 2024
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Exam For Texas Real Estate Principles 1 Questions and Answers 2024 
 
There are seven sources of law in the United States, What would be an example of them? 
Local zoning laws, FHA/VA regulations, court decisions 
Laws passed by Congress and various other various state legislatures may 
Authorize agencies to pass rules and regulations to enforce the provisions of law 
The legal concept of precedent 
Grew out of common law 
Constitutional provisions 
Establish the rights of citizens and delineate...
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FAC3702 EXAM PACK.
- Exam (elaborations) • 131 pages • 2021
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- R75,83
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FAC3702 EXAM PACK. Financial Reporting. IAS Limited is a manufacturing concern that handles a great number and variety of Inventory in the 
manufacturing process. To effectively manage the Inventory the board of directors has decided to 
buy a sofisticated Inventory management software system which was placed in the market by a 
system developer from Italy. On 2 January 2014 IAS Limited applied for a licence for the right to 
use the software system. 
On 15 March 2014 the licence was awarded to ...
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