INTERMEDIATE ACCT.(LL)-W/WILEYPLUS
17th Edition
ISBN: 9781119598572
Author: Kieso
Publisher: WILEY
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Question
Chapter 19, Problem 2IST
To determine
Affirmative judgment approach: The approach which rely the transaction based on the probability of happening is affirmative judgment approach. According to IFRS, the
Impairment judgment approach: This approach considers the full value of the transaction and then reduces according to the value probable to be realized is called impairment approach. This approach admits the full value and then reduces according to the fact prevailing.
To determine the statement that is correct with regard to IFRS and GAAP.
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Check out a sample textbook solutionChapter 19 Solutions
INTERMEDIATE ACCT.(LL)-W/WILEYPLUS
Ch. 19 - Prob. 1QCh. 19 - Prob. 2QCh. 19 - Prob. 3QCh. 19 - Prob. 4QCh. 19 - Prob. 7QCh. 19 - Prob. 11QCh. 19 - Prob. 12QCh. 19 - Prob. 13QCh. 19 - Prob. 15QCh. 19 - Prob. 16Q
Ch. 19 - Prob. 17QCh. 19 - Prob. 18QCh. 19 - Prob. 19QCh. 19 - Prob. 12BECh. 19 - Prob. 6ECh. 19 - Prob. 1CACh. 19 - Prob. 2CACh. 19 - Prob. 3CACh. 19 - Prob. 4CACh. 19 - Prob. 7CACh. 19 - Prob. 1CECh. 19 - Prob. 2CECh. 19 - Prob. 3CECh. 19 - Prob. 4CECh. 19 - Prob. 1ISTCh. 19 - Prob. 2ISTCh. 19 - Prob. 3ISTCh. 19 - Prob. 4ISTCh. 19 - IFRS19-1 Where can authoritative IFRS related to...Ch. 19 - Prob. 2ICACh. 19 - Prob. 3ICACh. 19 - Prob. 4ICACh. 19 - Prob. 5ICA
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