please answer all the questions immediately thankyou

47. Which is not included in the determination of the cost of inventory? * (1 Point) Any freight-in incurred Storage cost of raw materials for eventually production Bulk discounts offered by the raw materials suppliers Purchase taxes that cannot be recovered IN 48. Which of the following is considered a material item (1 Point) When the item meets the threshold of materality, as quantifiably stated in the conceptual framework The profit effect of a certain transaction can always be quantified When the income generated from a certain stansaction exceed its cost The misstatement of an item plays a difference on the decision to be made by users 49. Which of the following may not be the classification of a financial asset in the form of debt instrument in which the company's business model is collecting contractual cash flows only? * (1 Point) At fair value though profit or loss At amortized cost At fair value though other comprehensive income At net realizable value 50. The rationale of forming the International Accounting Standards Board is * (1 Point) To legally enforce IFRS to all member countries To craft accounting policies for countries that do not have their own accounting policies To establish a single collection of accounting standards o To develop a accounting standards for company operating in various territories and countries 51. Which of the following should be presented as an investing activity? (1 Point) Cash disbursement made by a firm in acquiring equipment for production purposes A Cash proceed from issuance of preferred shares Cash advances and loans made by financial institutions Repayment of cash borrowed