Answer:
A. IFRS, tangible assets are tested only when factors suggest impairment.
Explanation:
The tested of the tangible assets would be based on some kind of changes that are change in the market value, chnage in the technology, rise or reduction in the rate of interest in the market etc
In addition to this, the intangible assets such as goodwill would be testes on annually basis
Therefore the first option is correct
<span>Regardless of the firm, most companies will do at least a bi-annual audit if not quarterly. In this case Ted would do the same amount of audits for either company, two to four depending on the companies frequency.</span>
Answer:A
Explanation: i did the test
Answer:
a) 75600.
Explanation:
Given;
Beginning Work in Process = 19900
Ending Work in Process = 65300
Units Transferred Out Units = 30200
Total units are to be accounted= x
19900 - 30200 + x = 65300
x = 65300 - 19900 + 30200
x = 75,600