Time left 0:15:4818When accounting for self-constructed PPE and computing theamount of interest cost to be capitalized, the concept of "avoidableinterest" refers tot ofO a.that portion of average accumulated expenditures onestionwhich no interest cost was incurredO b. a cost of capital charge for equityO c. that portion of total interest cost which would not havebeen incurred if expenditures for asset construction hadnot been madeO d. the total interest cost actually incurred

Time left 0:15:48 18 When accounting for self-constructed PPE and computing the amount of interest cost to be capitalized, the concept of "avoidable interest" refers to t of that portion of average accumulated expenditures on O a. estion which no interest cost was incurred O b. a cost of capital charge for equity Oc. that portion of total interest cost which would not have been incurred if expenditures for asset construction had not been made O d. the total interest cost actually incurred

Time left 0:15:48 18 When accounting for self-constructed PPE and computing the amount of interest cost to be capitalized, the concept of "avoidable interest" refers to t of that portion of average accumulated expenditures on O a. estion which no interest cost was incurred O b. a cost of capital charge for equity Oc. that portion of total interest cost which would not have been incurred if expenditures for asset construction had not been made O d. the total interest cost actually incurred

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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question 23 choose the correct answer from the choices
Capital expenditure involves: Select one: O a. Exchange of current liabilities to acquisition of fixed assets O b. None of the options O c. Exchange of current assets to acquisition of fixed assets O d. Exchange of current loans to acquisition of fixed assets O e. Exchange of current debt to acquisition of fixed assets
VIOving nanges to this answer. nsanh Question 4 A gain on the sale of a long-term asset is recorded when cash proceeds are: a. less than the book value of the assets sold. b. less than the historical cost of the asset sold. C. less than the accumulated depreciation. d. greater than the book value of the asset sold.
TRUE OR FALSE
Which depreciation method would result in the same depreciation expense amount regardless of the partial period cor Select one: a. Sum-of-the-years'-digits b. Declining-balance c. Units-of-production d. Straight-line
While calculating operating profit which will be added to net profit a. Profit on Sale of Asset b. Increase in General Reserves c. Interest received d. Refund of Tax
question 42 choose the correct answer from the choices
Dd.15.
In which method of depreciation, equal amount of depreciation is charged on the asset over its useful life O a. Written Down Value Method O b. Straight Line Method C. Sinking Fund Method d Annuity Method
When investments measured at amortized cost are reclassified to FVOCI, the gain or loss recognized in profit or loss is equal to * a. zero b. the amount realized to date c. the amount from beginning of period to reclassification date d.the amount from acquisition date to reclassification date e.none of the above
Please give right answers to both questions
Question 16 The undepreciated capital cost (UCcC) is equal to O a, the book value of an asset for the purpose of taxation under the CCA system. O b, the market value of an asset. O , the salvage value of an asset. O d, the scrap value of an asset.