Question: Question 22 View Policies Current Attempt in Progress Consider the following information relating to the purchase of equipment. Purchase price before discount Freight Installation $150,000


Question 22 View Policies Current Attempt in Progress Consider the following information relating to the purchase of equipment. Purchase price before discount Freight Installation $150,000 $2,350 $8,150 Assuming a discount of $4,000, the total cost of the equipment is $150,000 $152,350 $160,500 $156,500 Which of the following is not a disclosure required under IFRS, when the equity method is used? The investor's share of the associates' net income. The fair value of any of these investments that have a price quoted in an active market. The investor's share of any dividends received from the associates. Information about associates' year ends that are different from the investors! Accounting for impairment losses is required for investments that are measured using the: cost/amortized cost model. FV - Ni model. OFV-OCI model. all of the above (all of the above models require a method of accounting for impairment)
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