1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
balu736 [363]
3 years ago
6

US GAAP and IFRS differ on treatment of impairment of tangible assets as follows:

Business
1 answer:
erik [133]3 years ago
7 0

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

You might be interested in
The portrayal of jobs on TV and in the movies is usually accurate.<br> true or false?
kakasveta [241]
False they tend to make way more easy to get a job on tv an in movies 
3 0
3 years ago
Read 2 more answers
How do you delete awnsers that people post
Natali [406]

You have to be a moderator. That's all I know.

5 0
3 years ago
Read 2 more answers
Option 1
agasfer [191]

Answer:

option 2 sorry if wrong

6 0
3 years ago
10 POINTS! What is the best way to get buissness (in this case dog walking) in a really small town? PLLLLLLLLLZ HELP!
AysviL [449]
Make posters, put up signs, or tell people what your doing. So, people know that you exist and you are making a business 
8 0
3 years ago
Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single pro
Dmitrij [34]

Answer:

b. $311,600

Explanation:

For the computation of total contribution margin first we need to find out the contribution margin per unit which is shown below:-

Contribution Margin per Unit = Contribution Margin ÷ Units Sold

= 319,200 ÷ 8,400

= $38

Total Contribution Margin = Contribution Margin per Unit × Units Sold

= $38 × 8,200

= $311,600

Therefore for computing the total contribution margin we simply applied the above formula.

7 0
3 years ago
Other questions:
  • Christy spent $500 over her budget on gifts during the holidays. in addition to her regular job, she took a part-time job at the
    5·1 answer
  • If the marginal propensity to consume (mpc) is 0.75, a $50 decrease in government spending, other things being equal, would caus
    13·1 answer
  • Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% g
    8·1 answer
  • George owed keith $800 on a personal loan. neither the amount of the debt nor george's liability to pay the $800 was disputed. k
    7·1 answer
  • The set of marketing tools a firm uses to implement its marketing strategy is called the ________.
    11·1 answer
  • A university cafeteria line in the student union hall is a self-serve facility in which students select
    7·1 answer
  • In 30 words or fewer, explain why it is important to write your personal information on an application.
    6·1 answer
  • Organizational ______ is the combination of organizational structure, culture, control systems, and human resource management sy
    8·1 answer
  • Following is the stockholder's equity section of Magnificent Molding, Inc. at December 31, 2016: Stockholders' Equity December 3
    8·1 answer
  • If there is any land left over after development, the remaining land is considered:_____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!