Companies that use IFRS:

(a) may report all their assets on the statement of financial position at fair value.
(b) are not allowed to net assets (assets 2 liabilities) on their statement of financial positions.
(c) may report non-current assets before current assets on the statement of financial position.
(d) do not have any guidelines as to what should be reported on the statement of financial position.

Answers

Answer 1

Answer:

(c) may report non-current assets before current assets on the statement of financial position.

Explanation:

International Financial Reporting Standards (IFRS) are a set of rules controlled and issued by International Accounting Standards Board (IASB) to regulate and maintain efficiency and transparency in financial statements throughout the globe.According to IFRS, non-current assets are those assets which are expected to be recovered only after 12 months or more after the statement of financial position is reported.Furthermore, the taxonomy of IFRS provides that companies may report non-current assets before current assets on the statement of financial position.

Answer 2

Companies using IFRS may list non-current assets before current assets on their financial statements. This ensures proper classification and consistency. Thus, option c is correct.

May report non-current assets before current assets on the statement of financial position.Are permitted to report some of their assets at fair value, but this is typically limited to certain types of financial instruments and investment properties.Must not net assets (assets minus liabilities) on their statement of financial position; rather, they report assets and liabilities separately.Have specific guidelines provided by IFRS that outline what should be reported on the statement of financial position, ensuring transparency and consistency.


Related Questions

Potential presidential candidates examine whether they have the ability to garner enough resources, both human and financial, to run a viable campaign and explore the viability of their success by participating in activities within what is often referred to as _____.

Answers

Answer:

The invisible primary

Explanation:

The invisible primary is the time before the initial primary takes place, when potential candidates try to gain recognition and money as well as put together the necessary organisation.

The winner of these primaries are typically the winner of the primary.

The invisible primary, also known as the money primary, is the period between the first well-known presidential candidates with strong political support networks showing interest in running for president and demonstration of substantial public support by voters for them in primaries and caucuses.

Final answer:

Potential presidential candidates engage in the 'money primary,' which is the phase of securing financial backing to establish the viability of their presidential campaigns. This involves early-stage fundraising, building a campaign infrastructure, and exemplifying the ability to raise money as a measure of potential success.

Explanation:

Potential presidential candidates examine whether they have the ability to garner enough resources, both human and financial, to run a viable campaign and explore the viability of their success by participating in activities within what is often referred to as the money primary.

The concept of the money primary revolves around the competition among candidates to secure financial resources from partisan elites before the official primaries commence. It is a critical phase where potential candidates construct their campaign infrastructure, engage in fundraising, and seek support to establish the viability of a presidential campaign. This period is also known for courting the media, strategizing, and assembling a competent campaign team.

Fundraising is especially vital to show the viability of a candidate, where early contributions can catalyze further donations. Money is considered paramount as it aids in reaching voters with the candidate's message and ensuring turnout at the polls. Therefore, a candidate's ability to raise funds is often taken as a strong indicator of their potential success.

Thomas Jefferson sent a naval squadron to the Mediterranean Sea to protect American merchant ships from Barbary pirates without waiting for congressional approval. This is an example of the:_____________
1. doctrine of executive prerogative.
2. preservation clause.
3. right of exception.
4. supremacy clause.
5. writ of habeas corpus.

Answers

Answer: A. Doctrine of executive prerogative.

Explanation: Doctrine of executive prerogative is the right afforded to the president of the United States by the constitution to act on his own. The doctrine of executive prerogative gives the executive power to the United States president to make certain policies or take certain decisions without congressional support or opinion. These decisions are usually attributed of issues of war or national emergency.

In the scenario above, the deployment of the the naval squadron to the Mediterranean sea to protect American merchant ship from barbary pirates by Thomas Jefferson without waiting for congressional approval exemplifies the doctrine of executive prerogative afforded to the president of the United States as it signifies an emergency issue required to safeguard the lives of the United States citizens

For solutes that move by simple diffusion, which of the following does NOT affect the rate of simple diffusion across a membrane?
a) the membrane pore size
b) the potential energy of the solute
c) the size of the solute
d) the concentration of the solute

Answers

Answer:

a) the membrane pore size

b) the potential energy of the solute

Explanation:

Diffusion involves the random migration or movement of particles from a region of higher concentration to a region of lower concentration as a result of a concentration gradient. From the question, when particles are randomly moving across a membrane, the factors that affects migration ,  include

1. The size of the solute: Smaller sized solutes would move faster across the membrane, meaning they have a faster rate of diffusion, while larger sized solutes would move slower across the membrane, meaning they have a slow diffusion rate.

2. The concentration of the solute: When the difference in concentration of solutes across the membrane is higher, solutes will move faster across the concentration gradient ad vice versa.

the pore size of the membrane and the potential energy of the solute does not affect the rate of simple diffusion across a membrane. There is no energy expenditure in simple diffusion,

At an art center in Minneapolis, you can see an American flag with stripes of green and black and black stars on a yellow ground. When you stare at this flag, and then look away, the afterimage is the familiar American stars and stripes in red, white and blue. This complementary afterimage is consistent with which of the following theories of color?a. subtractive color mixing.
b. opponent process theory of color vision.
c. additive color mixing.
d. trichromatic theory of color vision.

Answers

Answer:

b. opponent process theory of color vision.

Explanation:

Based on the information provided within the question it can be said that this complementary afterimage is consistent with the opponent-process theory. This theory states that the cone photoreceptors are linked together, and by being linked they form three seperate color pairs in which the activation of one causes the other pairs to be activated. These pairs are blue/yellow, red/green, and black/white.

Select the answer that best characterizes each argument. Barbara lost 15 pounds after taking the new InstaThin supplement for 6 weeks. Tiffany has the same metabolism, lifestyle, diet, body type, age, height and former weight as Barbara. Therefore, probably Tiffany could lose about 15 pounds if she takes InstaThin for 6 weeks
asked May 31, 2017 in Philosophy & Belief by Vivian97
A) Weak analogy.
B) No fallacy.
C) Amphiboly.
D) Argument against the person, circumstantial.
E) False cause.

Answers

Answer: B) No fallacy.

Explanation: Since Tiffany has the same metabolism, lifestyle, diet, body type, age, height and former weight as Barbara, There is a possibility that Tiffany is likely to lose about 15 pounds if she takes InstaThin for 6 weeks too. Hence it is not a fallacy.

Ramon sees a therapist because he is reliving a traumatic experience and has been trying to avoid reminders of it. The onset of his problem occurred three weeks ago, after he was brutally assaulted and robbed. The therapist would most likely diagnose Ramon with which disorder? 1. acute stress disorder 2. generalized anxiety disorder 3. panic disorder 4. post traumatic stress disorder

Answers

Acute stress disorder, ASD and PSTD are similar, but ASD is more short-term. Any longer than a month it becomes PSTD. However, since it’s only three weeks, he’s most likely diagnosed with Acute Stress Disorder.

Anthony thinks that the sun is alive and walks across the sky every day. According to Piaget's cognitive-development theory, Anthony would be in what stage?

Answers

Answer:

The answer is the preoperational stage.

Explanation:

The preoperational stage is the second stage in Piaget's model of cognitive development. It starts around age two.

Children in this stage have not developed logical or abstract thinking yet. However, it's common for children to think symbollicaly. This means they assign a different function or meaning to common objects (for example, when a child pretends that a remote control is a microphone).

Johanna believes that her children can do no wrong and that they should be allowed to develop without interference. Accordingly, she accepts whatever they do without control or discipline. According to Diana Baumrind, her parenting style could be best described as:

Answers

Answer:

permissive

Explanation:

In psychology, the different types of parenting styles were proposed by Diana Baumrind and has described four distinct types of parenting styles.

Permissive parenting style: The term "permissive parenting style" is described as one of the parenting styles in which parents are distinguished as being high on responsiveness and low demands. These parents are generally loving but demand the child to follow certain guidelines and therefore expect less mature behavior from their child.

In the question above, the given statement signifies the permissive parenting style.

An incomplete repeated measures design experiment was done to test people's ability to solve problems that varied in difficulty at three levels (easy, moderate, and hard). The researcher used all possible orders to balance practice effects. Results indicated that performance on the hard problems was better when they were preceded by a moderate difficulty problem than when they were preceded by an easy problem. Which of the following is a possible explanation of this finding?
A. negative transfer
B. differential transfer
C. progressive error
D. nonlinear practice effects

Answers

Answer:

Differential transfer

Explanation:

Narmeen is viewing the board in the classroom. She knows that the board is located far away because the view from her left eye is slightly different than the view from her right eye. Her ability to judge the distance of the board is due to which depth cue? a. Retinal disparity. b. Relative size c. Linear perspective. d. Relative motion. e. Convergence.

Answers

Answer:

a. retinal disparity

Explanation:

Retinal disparity -

It refers to as the capacity by which the left and the right eye visualizes any image differently , is referred to as retinal disparity .

The capability of the left and right is different .

The more is the difference between the image from each eye , more closer is the object , and vice versa .

Hence , from the given scenario of the question ,

The correct option is a. retinal disparity .

What is the correct order of psychosexual stages proposed by freud?

Answers

Answer:

The correct order of psychosexual stages proposed by Freud is oral, an al, phallic, latency, genital.

Explanation:

Sigmund Freud, the father of psychoanalysis, proposed that, as people grow up, they develop fixations on different parts of their bodies. Those parts become erogenous zones, which means they can be associated with pleasure or, potentially, frustration, sometimes both. The sequence/order of such focus is oral, an al, phallic, latency (libido is dormant in this stage), genital.

Note: I had separate the word an-al so that I could post this answer.

What was the first african american owned and operated newspaper

Answers

Answer:

d

Explanation:

In a(n) _____ structure, which usually is based on interpersonal relationships, some people have more influence or knowledge than appears on an organization chart.

Answers

Answer:

Informal.

Explanation:

As the exercise explains, an informal structure is usually based on interpersonal relationships, and people have more influence or knowledge than appears on an organization chart. This structure is the interlocking social structure that governs how people work together in practice. It's the sum of all behavior, norms, laws, interactions and connections, attitudes, etc., through which people build their interpersonal relationships.

If, in midsentence, your friend suddenly slumps over on the couch and appears to have entered the REM stage of sleep, which of the following is the BEST explanation for your friend's behavior?
a. Your friend did not get enough sleep last night and should go to bed.
b. Your friend suffers from epilepsy and just had a seizure.
c. Your friend suffers from narcolepsy and should seek medical attention.
d. You are boring and should take a class in social speaking skills.

Answers

The correct answer is letter C

Narcolepsy is a sleep disorder characterized by excessive sleepiness during the day, even when the person slept well at night. Sleep attacks can occur at any time and in unusual situations: standing on a bus, during a medical consultation, driving the car, or operating machines, for example.  

Normal sleep begins with turning off muscle control. In this phase, it is a sleep of slow waves. About an hour and a half later, the person enters the REM sleep phase, in which the brain activity is intense and the eyes move. People with narcolepsy skip the slow wave sleep stage and suddenly go straight to REM sleep.

Children are not "naturally" prejudiced. Prejudice and discrimination are reinforced when relatives and friends reward children with smiles and laughs for telling derogatory jokes or making negative comments about outgroup members. This is the basic framework of the __________

Answers

Answer: Fundamental principle

Explanation:

In this they are coached appropriately from knowing what to avoid, how to avoid and when to avoid.

An issue that generates substantial benefits to a small group of individuals while imposing a small cost on many others is called a a. special-interest issue. b. minority application. c. commons policy. d. national service.

Answers

Answer:

Option. A

Explanation:

A special interest ,is a type of interest that favours especially a different or special group , they are this interest that imposes a particular law just because of there own interest. It involves influencing the legislators to make a particular decision that will favour them. It is special because such decision interest only that special group.

Answer:

a. special-interest issue.

Explanation:

A special-interest issue is an issue that generates substantial benefits to a small group of individuals while imposing a small cost on many others, It is a policy that when enforced, a large number of people will suffer small cost and a small number of people will enjoy large gains.

Which of the following is a latent unsafe condition in the system that contributes to the resident’s error? (A) Long work schedule (B) Fatigue (C) Inadequate training (D) None of the above

Answers

Answer:

A- Long work schedule

Explanation:

Long work schedules frequently experienced by residents, contributes to errors made during shifts. Long work schedules, expose residents to both mental and physical stress and this pressure on the body could lead to in some cases, life threatening errors.

A reformation of the system to reduce work hours for residents, affording them the opportunities to recuperate well enough after a shift and stay active throughout their working hours will help reduce a lot of errors which have detrimental effects on patients.

Most americans live under the jurisdiction of how many governments simultaneously?

Answers

Answer:

2

Explanation:

Most Americans live under the two jurisdiction governments simultaneously.

What is the jurisdiction?

The legal term for the legal authority granted to a legal entity to enact justice is jurisdiction. Areas of jurisdiction apply at the local, state, and federal levels in federations such as the United States.

Jurisdiction refers to both the court's authority or power to resolve a dispute between parties and the territory over which the court's legal authority extends.

Jurisdiction is a court's authority to exercise judicial power in a specific case, and it is, of course, a prerequisite to exercising judicial power, which is the totality of powers that a court exercises when it assumes jurisdiction, hears, and decides a case.

Therefore, Most Americans are subject to the jurisdiction of two governments at the same time.

Learn more about the jurisdiction, refer to:

https://brainly.com/question/12448353

#SPJ2

___________ research provides mathematical information needed to confirm insights, and managers can use it to pursue appropriate courses of action through many types of data collection.

Answers

Marketing research provides mathematical information needed to confirm insights, and managers can use it to pursue appropriate courses of action through many types of data collection.

Explanation:

Marketing research is a process through which the producers as well as the consumers remain connected with the market. The marketing information is mainly used to identify various marketing opportunities as well as the problems.

It also helps in evaluation of the marketing actions, helps in monitoring the market , enhance the performances. IT also helps in proper understanding of the mathematical information. It also helps in understanding the actual demand of the consumers. The data help the managers to work properly.

Final answer:

Quantitative research is a vital method that uses statistical analysis to provide mathematical information confirming insights, offering objective data to facilitate managerial decision-making.

Explanation:

Quantitative research provides mathematical information needed to confirm insights, and managers can use it to pursue appropriate courses of action through many types of data collection. This type of research is centered on numerical data that are quantified using statistics to comprehend and report on the subject that has been studied. Quantitative research is a research method that focuses on testing a theory or hypothesis, predominantly through mathematical and statistical means, utilizing data from a large sample size.

Quantitative studies provide objective data by using number values to explain outcomes, which is essential in research where information is systematically collected for analysis and interpretation using deductive reasoning. In contrast to non-inquiry-based research, which begins with an answer and looks for confirming evidence, quantitative research often seeks to quantify a problem and generate numerical data to answer research questions. Furthermore, data alone does not convey any meaning until it is interpreted through proper research methods, which are critical in the collection, analysis, and organization of data.

Rannilt was euphoric after learning that she had been accepted by the medical school of her choice. After a few weeks, however, she is only mildly happy when she thinks about her admission to medical school. The fact that she is surprised by the change in her feelings can best be explained in terms of

Answers

Answer:

The answer is the adaptation-level phenomenon.

Explanation:

This phenomenon takes place when a person adapts to a new situation, until the situation is perceived as normal. In the example, Rannilt has become used to studying at the medical school, so the initial feelings of surprise and excitement have likely faded.

The adaptation-level phenomenon explains that once a situation has become the norm, the person needs a different situation to feel excited.

Some in the United States see parties like the Green Party or Libertarian Party as a detrimental part of a major election cycle, siphoning off votes from their close ideological "cousins" and potentially costing the election. Sociologically, however, the presence of more than two parties—a multiparty system—is vital in order to:__________

Answers

Answer:

foster diverse interests and allow for the representation of more radical alternatives

Explanation:

A multi-party system is a political arrangement that is set up to provide the ability for multiple political parties to take control of the government independently or in a coalition. In the American context where two parties dominated the political stage, a multi-party system ensured that regional and local parties have a fair chance of winning elections and more attention will be given to more views.

Match each term to the correct definition.
- role conflict
- role strain
- role status

- the set of behaviors expected of someone because of his or her status a position in a social hierarchy that carries a particular set of expectations
- experienced when we occupy two or more roles with contradictory expectations
- experienced when there are contradictory expectations within one role

Answers

Answer:

role- conflict :experienced when we occupy two or more roles with contradictory expectations

role strain: experienced when there are contradictory expectations within one role

role status: the set of behaviors expected of someone because of his or her status a position in a social hierarchy that carries a particular set of expectations

Explanation:

Final answer:

The question involves defining sociological terms related to roles and statuses within a social hierarchy, demonstrating how conflicting expectations can lead to role conflict and strain.

Explanation:

The question involves matching each sociological term to its correct definition, focusing on concepts related to roles within a social context. Here are the matched terms with their definitions:

Role conflict: Experienced when we occupy two or more roles with contradictory expectations.Role strain: Experienced when there are contradictory expectations within one role.Role status: A position in a social hierarchy that carries a particular set of expectations.The set of behaviors expected of someone because of his or her status: This definition matches social roles, which are the expectations and behaviors that society associates with a person's status.

Understanding these concepts helps in appreciating how individuals navigate their places within society and the challenges they may face due to overlapping or burdensome expectations.

Which actions is most appropriate for an outsourced item that has been judged to fall in the leverage quadrant of a portfolio​ analysis?

Answers

Answer:

The correct answer to the following question will be to "Promote competitive bidding".

Explanation:

The easiest, most successful way of creating competition would be to apply for two or even more published offers (three offers are desired and are therefore not necessarily feasible).This approach determines the manufacturer chosen delivers products and services during the most value-effective way possible.This could be especially useful for a privatized element that has already been determined to fall within a portfolio evaluation leveraging constellation.

Therefore, it's the right answer.

According to the "General Model of Job Design" job performance is influenced by: personalized job content extra-organizational job content perceived job content All of the above.

Answers

Answer:

perceived job content  

Explanation:

According to the "General Model of Job Design" job performance is influenced by perceived job content. Perceived job content has to do with how significant an employee views a job and the related skill they need for the job. An employee will do a job properly if he feels that the job is important for his/her career advancement and if it is important to achieving the organizations long-term or short-term goal, his performance of that job/task is based on how significant he views the task. Another consideration is the skill set, an employee will perform a job better if he/she has the necessary skill required for that job.

People do not see everything that happens in a particular leadership situation, nor do they hear everything; instead they are selective in what they attend to and what they, in turn, understand. A phenomenon that demonstrates this selectivity is called _________.

Answers

Answer:

A phenomenon that demonstrates this selectivity is called perceptual set.

Explanation:

Perceptual set is the tendency one has to see what he/she wants to see. To view things a certain way, ignoring other details regarding it. It can be due to the individual's sensitivity towards certain information.

In this case, we can see people are selective about what they attend to and understand, not seeing the full picture but rather what they want to see.

In this type of culture, people tend not to presume that others share their beliefs, attitudes, and values; thus, they strive to be informative, clear, and direct in their communication. a. collectivistic culture.b. high-context culture.c. low-context culture.d. individualistic culture.

Answers

Answer:

c. low-context culture.          

Explanation:

In low context culture, people tend not to presume that others share their beliefs, attitudes, and values; thus, they strive to be informative, clear, and direct in their communication, these are types of culture that communicate information in direct, explicit, and precise ways. In contrast, in high context culture, people presume that others within the culture will share their viewpoints and thus perceive situations in very much the same way and culture is communicated in ways that are implicit and rely heavily on nonverbal language.

De Bruyne Inc., a publicly-traded company, has ten members on its board. Of the ten members, six members are employees of the company and include the CEO, who also chairs the board. The board has been failing in its responsibilities toward the shareholders who now want a new board. Assuming that the total number of board members remains constant, how many outside directors should the shareholders appoint to De Bruyne's board to achieve board independence?

Answers

Answer:

7

Explanation:

Based on the information provided within the question it can be said that in this scenario, in order to be able to achieve board independence De Bruyne needs to appoint 7 shareholders. This would even out the amount of non biased votes within the board members and allow the board to achieve independence from the company itself.

The shareholders should appoint 4 outside directors to achieve board independence in De Bruyne Inc.

The shareholders should appoint 4 outside directors to De Bruyne's board to achieve board independence.

Having 4 outside directors out of a total of 10 members would bring a balance and diverse perspective to the board, reducing the influence of internal members such as the CEO.

By appointing 4 outside directors, the shareholders can enhance the board's independence and ability to represent the interests of the true owners, which are the shareholders.

How was political power in the continental congress divided under the articles of confederation?

Answers

Answer:

Each state had an equal vote

Explanation:

Served as the first Constitution of the United States, the Articles of Confederation was proposed by the Continental Congress in 1777. Under the Articles the sovereignty of states was well preserved and have the power to tax, on the other hand, a weak center Congress was proposed which could neither draft soldiers nor control trade. All states were equally represented in Congress, and consent of 9 of the 13 states was required to pass a bill so that it would become law.

Answer:

Each state had an equal vote

Explanation:

During the Articles of Confederation, the states had to unanimously vote for any law to be passed, so in a way they did have equal vote.

As Molly looks at the grade scored in her final exams, she thinks, "I did well on this exam, because my roommate helped me study." Molly's thoughts suggest that she has ________

Answers

Answer:

External locus of control

Explanation:

People who have an external locus of control believe that their failures or successes are the results of external factors that are outside of their direct control.

Molly has a external locus of control because she believes that main reason she did well in her final exams was the help of his roomate. If she had an internal locus of control instead, Molly would think that the main reason was her intelligence, or skills, or discipline, etc.

In one experiment, White respondents typically took longer to identify words such as peace and paradise as "good" when the words were associated with Black-sounding names rather than White-sounding names. This best illustrated:_______.

Answers

Answer: implicit prejudice

Explanation: Implicit prejudice may be regarded as a negative perception of a particular group without fact or evidence. It may be considered as a judgment or conclusion reached without thorough study or examination but with a generally negative perception about members of that group.

In the scenario above, the length of time taken to identify peace and paradise as 'good' when associated with black sounding names by white respondent is classical case of implicit prejudice borne from the conclusive thought or perception that blacks are usually bad.

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