SlideShare a Scribd company logo

Certain entities are required to disclose the fair value of financial.pdf

•
•
C
cronkwurphyb44502

Certain entities are required to disclose the fair value of financial instruments for which it is practicable to estimate fair value. Which of the following is a financial instrument? O A. Deferred subscription revenue. O B. A note payable in U.S. Treasury bonds. C. Merchandise inventory O D. Awarranty payable Solution Ans (b) Treasury Securities includes bills, notes, and bonds (Collectively known as treasury). It is practicable to estimate fair value of a note payable in U.S .Treasury Bonds. Ans (b) A transactions that are unusual in nature and infrequent in occurrence are extraordinary items. These extraordinary items are reported in the bottom of operating statement after other financing sources (Uses) and disclose in note 23. Ans (C ) Business may incur retirement obligation at the inception of an asset’s life .Statement no.143 applies to 1) Tangible long lived assets 2) Functional group of related assets 3) It also covers company’s legal obligation resulting from the acquisition, construction, development or a normal operation of capital assets. So A liability for an assets retirement obligation within the scope of this guidance may arise solely from the acquisition, construction, development or normal operation of a long lived asset..

Education
1 of 1
Download to read offline
Certain entities are required to disclose the fair value of financial instruments for which it is practicable to estimate fair value. Which of the following is a financial instrument? O A. Deferred subscription revenue. O B. A note payable in U.S. Treasury bonds. C. Merchandise inventory O D. Awarranty payable Solution Ans (b) Treasury Securities includes bills, notes, and bonds (Collectively known as treasury). It is practicable to estimate fair value of a note payable in U.S .Treasury Bonds. Ans (b) A transactions that are unusual in nature and infrequent in occurrence are extraordinary items. These extraordinary items are reported in the bottom of operating statement after other financing sources (Uses) and disclose in note 23. Ans (C ) Business may incur retirement obligation at the inception of an asset’s life .Statement no.143 applies to 1) Tangible long lived assets 2) Functional group of related assets 3) It also covers company’s legal obligation resulting from the acquisition, construction, development or a normal operation of capital assets. So A liability for an assets retirement obligation within the scope of this guidance may arise solely from the acquisition, construction, development or normal operation of a long lived asset.

Recommended

FINANCIAL ACCOUNTING theory.pptx
FINANCIAL ACCOUNTING theory.pptxFINANCIAL ACCOUNTING theory.pptx
FINANCIAL ACCOUNTING theory.pptxMinhajShaikh13
 
pdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdf
pdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdfpdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdf
pdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdfJulienneUntalasco
 
Applied Accounting Theory (Chapter 5).pptx
Applied Accounting Theory (Chapter 5).pptxApplied Accounting Theory (Chapter 5).pptx
Applied Accounting Theory (Chapter 5).pptxmahbuba19rahman
 
Balance sheet items
Balance sheet itemsBalance sheet items
Balance sheet itemsFred Mmbololo
 
Ias23
Ias23Ias23
Ias23RS NAVARRO
 
Ind as 37, provisions, contingent liabilities and contingent assets
Ind as 37, provisions, contingent liabilities and contingent assetsInd as 37, provisions, contingent liabilities and contingent assets
Ind as 37, provisions, contingent liabilities and contingent assetssathishpalankar
 
Issue and Redumption of debentures
Issue and Redumption of debenturesIssue and Redumption of debentures
Issue and Redumption of debenturesShreevatsa karanth
 
205 Financial Markets and Banking Operations UNIT3 C
205 Financial Markets and Banking Operations UNIT3 C205 Financial Markets and Banking Operations UNIT3 C
205 Financial Markets and Banking Operations UNIT3 CASM's IBMR- Chinchwad
 

Recommended

FINANCIAL ACCOUNTING theory.pptx
FINANCIAL ACCOUNTING theory.pptxFINANCIAL ACCOUNTING theory.pptx
FINANCIAL ACCOUNTING theory.pptxMinhajShaikh13
 
pdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdf
pdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdfpdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdf
pdfcoffee.com_chapter-25-substantive-test-of-liabilities-pdf-free.pdfJulienneUntalasco
 
Applied Accounting Theory (Chapter 5).pptx
Applied Accounting Theory (Chapter 5).pptxApplied Accounting Theory (Chapter 5).pptx
Applied Accounting Theory (Chapter 5).pptxmahbuba19rahman
 
Balance sheet items
Balance sheet itemsBalance sheet items
Balance sheet itemsFred Mmbololo
 
Ias23
Ias23Ias23
Ias23RS NAVARRO
 
Ind as 37, provisions, contingent liabilities and contingent assets
Ind as 37, provisions, contingent liabilities and contingent assetsInd as 37, provisions, contingent liabilities and contingent assets
Ind as 37, provisions, contingent liabilities and contingent assetssathishpalankar
 
Issue and Redumption of debentures
Issue and Redumption of debenturesIssue and Redumption of debentures
Issue and Redumption of debenturesShreevatsa karanth
 
205 Financial Markets and Banking Operations UNIT3 C
205 Financial Markets and Banking Operations UNIT3 C205 Financial Markets and Banking Operations UNIT3 C
205 Financial Markets and Banking Operations UNIT3 CASM's IBMR- Chinchwad
 
Fm notes 99
Fm notes 99Fm notes 99
Fm notes 99Amol Chate
 
Fundamental of Finance
Fundamental of FinanceFundamental of Finance
Fundamental of FinanceBibhudutta Tripathy
 
Intermediate Accounting Volume 2 6th Edition Beechy Test Bank
Intermediate Accounting Volume 2 6th Edition Beechy Test BankIntermediate Accounting Volume 2 6th Edition Beechy Test Bank
Intermediate Accounting Volume 2 6th Edition Beechy Test Bankgoqaho
 
3.1
3.13.1
3.1LeenaKP
 
About Balance Sheet
About Balance SheetAbout Balance Sheet
About Balance SheetBibhudutta Tripathy
 
Indexed Variable Annuities: The Next US Annuity Product Frontier
Indexed Variable Annuities: The Next US Annuity Product FrontierIndexed Variable Annuities: The Next US Annuity Product Frontier
Indexed Variable Annuities: The Next US Annuity Product FrontierSimpa Baiye
 
Issue of debentures by N. Bala Murali Krishna
Issue of debentures by N. Bala Murali KrishnaIssue of debentures by N. Bala Murali Krishna
Issue of debentures by N. Bala Murali Krishnabala13128
 
Indian accounting standard 23 –borrowing cost
Indian accounting standard 23 –borrowing costIndian accounting standard 23 –borrowing cost
Indian accounting standard 23 –borrowing costHardik Shah
 
63ab1securitization(New)
63ab1securitization(New)63ab1securitization(New)
63ab1securitization(New)GOEL'S WORLD
 
IAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
IAS 23 2018 Edition International Accounting Standard 23 Borrowing CostsIAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
IAS 23 2018 Edition International Accounting Standard 23 Borrowing CostsSazzad Hossain, ITP, MBA, CSCA™
 
Booklet_CORPORATE FINANCE_LinkedIn
Booklet_CORPORATE FINANCE_LinkedInBooklet_CORPORATE FINANCE_LinkedIn
Booklet_CORPORATE FINANCE_LinkedInElisa Elena Geraci
 
Off-Balance Sheet
Off-Balance Sheet Off-Balance Sheet
Off-Balance Sheet Ro'ya Abd Elhafez
 
Corporate Liquidation, statement of affairs
Corporate Liquidation, statement of affairsCorporate Liquidation, statement of affairs
Corporate Liquidation, statement of affairsRogelioArnestoMacion
 
Financial Statements.pdf
Financial Statements.pdfFinancial Statements.pdf
Financial Statements.pdfAbinash Mandilwar
 
financial management
financial managementfinancial management
financial managementHimangshu Bhuyan
 
accounting for Debentures
accounting for Debentures accounting for Debentures
accounting for Debentures Poonam Jangid
 
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial InstrumentVietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial InstrumentAC&C Consulting Co., Ltd.
 
Accounting for Liabilities- complete.pdf
Accounting for Liabilities- complete.pdfAccounting for Liabilities- complete.pdf
Accounting for Liabilities- complete.pdfManushikaJayathilake
 
Ias 37
Ias 37Ias 37
Ias 37ESHETIE MEKONENE AMARE
 
Finance
FinanceFinance
FinanceRintu Das
 
A. What are two ways in which the extracellular and cytoplasmic leaf.pdf
A. What are two ways in which the extracellular and cytoplasmic leaf.pdfA. What are two ways in which the extracellular and cytoplasmic leaf.pdf
A. What are two ways in which the extracellular and cytoplasmic leaf.pdfcronkwurphyb44502
 
Answer True or False to the following statements Colony is forme.pdf
Answer True or False to the following statements Colony is forme.pdfAnswer True or False to the following statements Colony is forme.pdf
Answer True or False to the following statements Colony is forme.pdfcronkwurphyb44502
 

More Related Content

Similar to Certain entities are required to disclose the fair value of financial.pdf

Intermediate Accounting Volume 2 6th Edition Beechy Test Bank
Intermediate Accounting Volume 2 6th Edition Beechy Test BankIntermediate Accounting Volume 2 6th Edition Beechy Test Bank
Intermediate Accounting Volume 2 6th Edition Beechy Test Bankgoqaho
 
Indexed Variable Annuities: The Next US Annuity Product Frontier
Indexed Variable Annuities: The Next US Annuity Product FrontierIndexed Variable Annuities: The Next US Annuity Product Frontier
Indexed Variable Annuities: The Next US Annuity Product FrontierSimpa Baiye
 
Issue of debentures by N. Bala Murali Krishna
Issue of debentures by N. Bala Murali KrishnaIssue of debentures by N. Bala Murali Krishna
Issue of debentures by N. Bala Murali Krishnabala13128
 
Indian accounting standard 23 –borrowing cost
Indian accounting standard 23 –borrowing costIndian accounting standard 23 –borrowing cost
Indian accounting standard 23 –borrowing costHardik Shah
 
63ab1securitization(New)
63ab1securitization(New)63ab1securitization(New)
63ab1securitization(New)GOEL'S WORLD
 
IAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
IAS 23 2018 Edition International Accounting Standard 23 Borrowing CostsIAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
IAS 23 2018 Edition International Accounting Standard 23 Borrowing CostsSazzad Hossain, ITP, MBA, CSCA™
 
Booklet_CORPORATE FINANCE_LinkedIn
Booklet_CORPORATE FINANCE_LinkedInBooklet_CORPORATE FINANCE_LinkedIn
Booklet_CORPORATE FINANCE_LinkedInElisa Elena Geraci
 
Corporate Liquidation, statement of affairs
Corporate Liquidation, statement of affairsCorporate Liquidation, statement of affairs
Corporate Liquidation, statement of affairsRogelioArnestoMacion
 
accounting for Debentures
accounting for Debentures accounting for Debentures
accounting for Debentures Poonam Jangid
 
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial InstrumentVietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial InstrumentAC&C Consulting Co., Ltd.
 
Accounting for Liabilities- complete.pdf
Accounting for Liabilities- complete.pdfAccounting for Liabilities- complete.pdf
Accounting for Liabilities- complete.pdfManushikaJayathilake
 

Similar to Certain entities are required to disclose the fair value of financial.pdf (20)

Fm notes 99
Fm notes 99Fm notes 99
Fm notes 99
 
Fundamental of Finance
Fundamental of FinanceFundamental of Finance
Fundamental of Finance
 
Intermediate Accounting Volume 2 6th Edition Beechy Test Bank
Intermediate Accounting Volume 2 6th Edition Beechy Test BankIntermediate Accounting Volume 2 6th Edition Beechy Test Bank
Intermediate Accounting Volume 2 6th Edition Beechy Test Bank
 
3.1
3.13.1
3.1
 
About Balance Sheet
About Balance SheetAbout Balance Sheet
About Balance Sheet
 
Indexed Variable Annuities: The Next US Annuity Product Frontier
Indexed Variable Annuities: The Next US Annuity Product FrontierIndexed Variable Annuities: The Next US Annuity Product Frontier
Indexed Variable Annuities: The Next US Annuity Product Frontier
 
Issue of debentures by N. Bala Murali Krishna
Issue of debentures by N. Bala Murali KrishnaIssue of debentures by N. Bala Murali Krishna
Issue of debentures by N. Bala Murali Krishna
 
Indian accounting standard 23 –borrowing cost
Indian accounting standard 23 –borrowing costIndian accounting standard 23 –borrowing cost
Indian accounting standard 23 –borrowing cost
 
63ab1securitization(New)
63ab1securitization(New)63ab1securitization(New)
63ab1securitization(New)
 
IAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
IAS 23 2018 Edition International Accounting Standard 23 Borrowing CostsIAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
IAS 23 2018 Edition International Accounting Standard 23 Borrowing Costs
 
Booklet_CORPORATE FINANCE_LinkedIn
Booklet_CORPORATE FINANCE_LinkedInBooklet_CORPORATE FINANCE_LinkedIn
Booklet_CORPORATE FINANCE_LinkedIn
 
Off-Balance Sheet
Off-Balance Sheet Off-Balance Sheet
Off-Balance Sheet
 
Corporate Liquidation, statement of affairs
Corporate Liquidation, statement of affairsCorporate Liquidation, statement of affairs
Corporate Liquidation, statement of affairs
 
Financial Statements.pdf
Financial Statements.pdfFinancial Statements.pdf
Financial Statements.pdf
 
financial management
financial managementfinancial management
financial management
 
accounting for Debentures
accounting for Debentures accounting for Debentures
accounting for Debentures
 
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial InstrumentVietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
Vietnam Accounting Standards - Circular 210 2009-TT-BTC Financial Instrument
 
Accounting for Liabilities- complete.pdf
Accounting for Liabilities- complete.pdfAccounting for Liabilities- complete.pdf
Accounting for Liabilities- complete.pdf
 
Ias 37
Ias 37Ias 37
Ias 37
 
Finance
FinanceFinance
Finance
 

More from cronkwurphyb44502

A. What are two ways in which the extracellular and cytoplasmic leaf.pdf
A. What are two ways in which the extracellular and cytoplasmic leaf.pdfA. What are two ways in which the extracellular and cytoplasmic leaf.pdf
A. What are two ways in which the extracellular and cytoplasmic leaf.pdfcronkwurphyb44502
 
Answer True or False to the following statements Colony is forme.pdf
Answer True or False to the following statements Colony is forme.pdfAnswer True or False to the following statements Colony is forme.pdf
Answer True or False to the following statements Colony is forme.pdfcronkwurphyb44502
 
From 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdf
From 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdfFrom 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdf
From 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdfcronkwurphyb44502
 
Dermatome and myotome are terms that refer to embryonic development..pdf
Dermatome and myotome are terms that refer to embryonic development..pdfDermatome and myotome are terms that refer to embryonic development..pdf
Dermatome and myotome are terms that refer to embryonic development..pdfcronkwurphyb44502
 
describe the definitions of substrate, enzyme active site and its ge.pdf
describe the definitions of substrate, enzyme active site and its ge.pdfdescribe the definitions of substrate, enzyme active site and its ge.pdf
describe the definitions of substrate, enzyme active site and its ge.pdfcronkwurphyb44502
 
You have subnetted a Class A address space of 17.0.0.0 using a subne.pdf
You have subnetted a Class A address space of 17.0.0.0 using a subne.pdfYou have subnetted a Class A address space of 17.0.0.0 using a subne.pdf
You have subnetted a Class A address space of 17.0.0.0 using a subne.pdfcronkwurphyb44502
 
write a MATLAB function to implement Continues-time Fourier Transfor.pdf
write a MATLAB function to implement Continues-time Fourier Transfor.pdfwrite a MATLAB function to implement Continues-time Fourier Transfor.pdf
write a MATLAB function to implement Continues-time Fourier Transfor.pdfcronkwurphyb44502
 
Write a hypothesis from the following observation. a. Every April, f.pdf
Write a hypothesis from the following observation. a. Every April, f.pdfWrite a hypothesis from the following observation. a. Every April, f.pdf
Write a hypothesis from the following observation. a. Every April, f.pdfcronkwurphyb44502
 
What were the outstanding accomplishments of the Byzantine empire un.pdf
What were the outstanding accomplishments of the Byzantine empire un.pdfWhat were the outstanding accomplishments of the Byzantine empire un.pdf
What were the outstanding accomplishments of the Byzantine empire un.pdfcronkwurphyb44502
 
What is genetic drift O Achange in allele frequencies caused by rand.pdf
What is genetic drift O Achange in allele frequencies caused by rand.pdfWhat is genetic drift O Achange in allele frequencies caused by rand.pdf
What is genetic drift O Achange in allele frequencies caused by rand.pdfcronkwurphyb44502
 
What are some characteristics associated with effective project .pdf
What are some characteristics associated with effective project .pdfWhat are some characteristics associated with effective project .pdf
What are some characteristics associated with effective project .pdfcronkwurphyb44502
 
We have discussed outliers for several times during the semester. Wh.pdf
We have discussed outliers for several times during the semester. Wh.pdfWe have discussed outliers for several times during the semester. Wh.pdf
We have discussed outliers for several times during the semester. Wh.pdfcronkwurphyb44502
 
2. External events include all of the following except Purchasing equ.pdf
2. External events include all of the following except Purchasing equ.pdf2. External events include all of the following except Purchasing equ.pdf
2. External events include all of the following except Purchasing equ.pdfcronkwurphyb44502
 
The Missequa Valley Protectors understand groundwater is a great dri .pdf
The Missequa Valley Protectors understand groundwater is a great dri .pdfThe Missequa Valley Protectors understand groundwater is a great dri .pdf
The Missequa Valley Protectors understand groundwater is a great dri .pdfcronkwurphyb44502
 
The If and IF else are a pair of commands in the Arduino Processing .pdf
The If and IF else are a pair of commands in the Arduino Processing .pdfThe If and IF else are a pair of commands in the Arduino Processing .pdf
The If and IF else are a pair of commands in the Arduino Processing .pdfcronkwurphyb44502
 
The duct from an expanded chamber called the node truck A substance t.pdf
The duct from an expanded chamber called the node truck A substance t.pdfThe duct from an expanded chamber called the node truck A substance t.pdf
The duct from an expanded chamber called the node truck A substance t.pdfcronkwurphyb44502
 
Suppose you have a method triPartition, whose documentation is given.pdf
Suppose you have a method triPartition, whose documentation is given.pdfSuppose you have a method triPartition, whose documentation is given.pdf
Suppose you have a method triPartition, whose documentation is given.pdfcronkwurphyb44502
 
Task Write a Java program to implement a simple graphics editor tha.pdf
Task Write a Java program to implement a simple graphics editor tha.pdfTask Write a Java program to implement a simple graphics editor tha.pdf
Task Write a Java program to implement a simple graphics editor tha.pdfcronkwurphyb44502
 
A CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdf
A CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdfA CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdf
A CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdfcronkwurphyb44502
 
Show that L = {a^k k is a square} is not regular.SolutionLet .pdf
Show that L = {a^k k is a square} is not regular.SolutionLet .pdfShow that L = {a^k k is a square} is not regular.SolutionLet .pdf
Show that L = {a^k k is a square} is not regular.SolutionLet .pdfcronkwurphyb44502
 

More from cronkwurphyb44502 (20)

A. What are two ways in which the extracellular and cytoplasmic leaf.pdf
A. What are two ways in which the extracellular and cytoplasmic leaf.pdfA. What are two ways in which the extracellular and cytoplasmic leaf.pdf
A. What are two ways in which the extracellular and cytoplasmic leaf.pdf
 
Answer True or False to the following statements Colony is forme.pdf
Answer True or False to the following statements Colony is forme.pdfAnswer True or False to the following statements Colony is forme.pdf
Answer True or False to the following statements Colony is forme.pdf
 
From 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdf
From 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdfFrom 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdf
From 1982 to 2012, the cumulative U.S. inflation rate was 95. In .pdf
 
Dermatome and myotome are terms that refer to embryonic development..pdf
Dermatome and myotome are terms that refer to embryonic development..pdfDermatome and myotome are terms that refer to embryonic development..pdf
Dermatome and myotome are terms that refer to embryonic development..pdf
 
describe the definitions of substrate, enzyme active site and its ge.pdf
describe the definitions of substrate, enzyme active site and its ge.pdfdescribe the definitions of substrate, enzyme active site and its ge.pdf
describe the definitions of substrate, enzyme active site and its ge.pdf
 
You have subnetted a Class A address space of 17.0.0.0 using a subne.pdf
You have subnetted a Class A address space of 17.0.0.0 using a subne.pdfYou have subnetted a Class A address space of 17.0.0.0 using a subne.pdf
You have subnetted a Class A address space of 17.0.0.0 using a subne.pdf
 
write a MATLAB function to implement Continues-time Fourier Transfor.pdf
write a MATLAB function to implement Continues-time Fourier Transfor.pdfwrite a MATLAB function to implement Continues-time Fourier Transfor.pdf
write a MATLAB function to implement Continues-time Fourier Transfor.pdf
 
Write a hypothesis from the following observation. a. Every April, f.pdf
Write a hypothesis from the following observation. a. Every April, f.pdfWrite a hypothesis from the following observation. a. Every April, f.pdf
Write a hypothesis from the following observation. a. Every April, f.pdf
 
What were the outstanding accomplishments of the Byzantine empire un.pdf
What were the outstanding accomplishments of the Byzantine empire un.pdfWhat were the outstanding accomplishments of the Byzantine empire un.pdf
What were the outstanding accomplishments of the Byzantine empire un.pdf
 
What is genetic drift O Achange in allele frequencies caused by rand.pdf
What is genetic drift O Achange in allele frequencies caused by rand.pdfWhat is genetic drift O Achange in allele frequencies caused by rand.pdf
What is genetic drift O Achange in allele frequencies caused by rand.pdf
 
What are some characteristics associated with effective project .pdf
What are some characteristics associated with effective project .pdfWhat are some characteristics associated with effective project .pdf
What are some characteristics associated with effective project .pdf
 
We have discussed outliers for several times during the semester. Wh.pdf
We have discussed outliers for several times during the semester. Wh.pdfWe have discussed outliers for several times during the semester. Wh.pdf
We have discussed outliers for several times during the semester. Wh.pdf
 
2. External events include all of the following except Purchasing equ.pdf
2. External events include all of the following except Purchasing equ.pdf2. External events include all of the following except Purchasing equ.pdf
2. External events include all of the following except Purchasing equ.pdf
 
The Missequa Valley Protectors understand groundwater is a great dri .pdf
The Missequa Valley Protectors understand groundwater is a great dri .pdfThe Missequa Valley Protectors understand groundwater is a great dri .pdf
The Missequa Valley Protectors understand groundwater is a great dri .pdf
 
The If and IF else are a pair of commands in the Arduino Processing .pdf
The If and IF else are a pair of commands in the Arduino Processing .pdfThe If and IF else are a pair of commands in the Arduino Processing .pdf
The If and IF else are a pair of commands in the Arduino Processing .pdf
 
The duct from an expanded chamber called the node truck A substance t.pdf
The duct from an expanded chamber called the node truck A substance t.pdfThe duct from an expanded chamber called the node truck A substance t.pdf
The duct from an expanded chamber called the node truck A substance t.pdf
 
Suppose you have a method triPartition, whose documentation is given.pdf
Suppose you have a method triPartition, whose documentation is given.pdfSuppose you have a method triPartition, whose documentation is given.pdf
Suppose you have a method triPartition, whose documentation is given.pdf
 
Task Write a Java program to implement a simple graphics editor tha.pdf
Task Write a Java program to implement a simple graphics editor tha.pdfTask Write a Java program to implement a simple graphics editor tha.pdf
Task Write a Java program to implement a simple graphics editor tha.pdf
 
A CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdf
A CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdfA CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdf
A CALLING MODEMA calling modem transmits each data bit 1 as a 1270.pdf
 
Show that L = {a^k k is a square} is not regular.SolutionLet .pdf
Show that L = {a^k k is a square} is not regular.SolutionLet .pdfShow that L = {a^k k is a square} is not regular.SolutionLet .pdf
Show that L = {a^k k is a square} is not regular.SolutionLet .pdf
 

Recently uploaded

IATP How-to Foreign Travel May 2024.pdff
IATP How-to Foreign Travel May 2024.pdffIATP How-to Foreign Travel May 2024.pdff
IATP How-to Foreign Travel May 2024.pdff17thcssbs2
 
Dementia (Alzheimer & vasular dementia).
Dementia (Alzheimer & vasular dementia).Dementia (Alzheimer & vasular dementia).
Dementia (Alzheimer & vasular dementia).Mohamed Rizk Khodair
 
Advances in production technology of Grapes.pdf
Advances in production technology of Grapes.pdfAdvances in production technology of Grapes.pdf
Advances in production technology of Grapes.pdfDr. M. Kumaresan Hort.
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resourcesaileywriter
 
Basic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersBasic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersPedroFerreira53928
 
How to Break the cycle of negative Thoughts
How to Break the cycle of negative ThoughtsHow to Break the cycle of negative Thoughts
How to Break the cycle of negative ThoughtsCol Mukteshwar Prasad
 
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdfINU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdfbu07226
 
Championnat de France de Tennis de table/
Championnat de France de Tennis de table/Championnat de France de Tennis de table/
Championnat de France de Tennis de table/siemaillard
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryEugene Lysak
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxCeline George
 
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya - UEM Kolkata Quiz Club
 
ppt your views.ppt your views of your college in your eyes
ppt your views.ppt your views of your college in your eyesppt your views.ppt your views of your college in your eyes
ppt your views.ppt your views of your college in your eyesashishpaul799
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxJenilouCasareno
 
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdfPost Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdfPragya - UEM Kolkata Quiz Club
 
Basic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & EngineeringBasic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & EngineeringDenish Jangid
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxjmorse8
 
Features of Video Calls in the Discuss Module in Odoo 17
Features of Video Calls in the Discuss Module in Odoo 17Features of Video Calls in the Discuss Module in Odoo 17
Features of Video Calls in the Discuss Module in Odoo 17Celine George
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resourcesdimpy50
 

Recently uploaded (20)

IATP How-to Foreign Travel May 2024.pdff
IATP How-to Foreign Travel May 2024.pdffIATP How-to Foreign Travel May 2024.pdff
IATP How-to Foreign Travel May 2024.pdff
 
Dementia (Alzheimer & vasular dementia).
Dementia (Alzheimer & vasular dementia).Dementia (Alzheimer & vasular dementia).
Dementia (Alzheimer & vasular dementia).
 
Advances in production technology of Grapes.pdf
Advances in production technology of Grapes.pdfAdvances in production technology of Grapes.pdf
Advances in production technology of Grapes.pdf
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resources
 
Basic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersBasic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumers
 
How to Break the cycle of negative Thoughts
How to Break the cycle of negative ThoughtsHow to Break the cycle of negative Thoughts
How to Break the cycle of negative Thoughts
 
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdfINU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
 
Championnat de France de Tennis de table/
Championnat de France de Tennis de table/Championnat de France de Tennis de table/
Championnat de France de Tennis de table/
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. Henry
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptx
 
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
 
ppt your views.ppt your views of your college in your eyes
ppt your views.ppt your views of your college in your eyesppt your views.ppt your views of your college in your eyes
ppt your views.ppt your views of your college in your eyes
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
 
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdfPost Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
Post Exam Fun(da) Intra UEM General Quiz 2024 - Prelims q&a.pdf
 
Basic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & EngineeringBasic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptx
 
Post Exam Fun(da) Intra UEM General Quiz - Finals.pdf
Post Exam Fun(da) Intra UEM General Quiz - Finals.pdfPost Exam Fun(da) Intra UEM General Quiz - Finals.pdf
Post Exam Fun(da) Intra UEM General Quiz - Finals.pdf
 
Features of Video Calls in the Discuss Module in Odoo 17
Features of Video Calls in the Discuss Module in Odoo 17Features of Video Calls in the Discuss Module in Odoo 17
Features of Video Calls in the Discuss Module in Odoo 17
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resources
 
“O BEIJO” EM ARTE .
“O BEIJO” EM ARTE .“O BEIJO” EM ARTE .
“O BEIJO” EM ARTE .
 

Certain entities are required to disclose the fair value of financial.pdf

  • 1. Certain entities are required to disclose the fair value of financial instruments for which it is practicable to estimate fair value. Which of the following is a financial instrument? O A. Deferred subscription revenue. O B. A note payable in U.S. Treasury bonds. C. Merchandise inventory O D. Awarranty payable Solution Ans (b) Treasury Securities includes bills, notes, and bonds (Collectively known as treasury). It is practicable to estimate fair value of a note payable in U.S .Treasury Bonds. Ans (b) A transactions that are unusual in nature and infrequent in occurrence are extraordinary items. These extraordinary items are reported in the bottom of operating statement after other financing sources (Uses) and disclose in note 23. Ans (C ) Business may incur retirement obligation at the inception of an asset’s life .Statement no.143 applies to 1) Tangible long lived assets 2) Functional group of related assets 3) It also covers company’s legal obligation resulting from the acquisition, construction, development or a normal operation of capital assets. So A liability for an assets retirement obligation within the scope of this guidance may arise solely from the acquisition, construction, development or normal operation of a long lived asset.