Under IFRS True No-Par Shares Should Be Carried in the Accounts

question 72

True/False

Under IFRS true no-par shares should be carried in the accounts at issue price without any share premium reported.

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Definitions:

Unlimited Time

An indefinite duration without a specified end point or limit.

Normative Economic

An aspect of economics that examines values or judgments about what the economy should be like or what particular policy actions should be recommended to achieve a desirable goal.

Economic Analysis

The systematic approach to determining the optimal use of scarce resources, involving comparison of costs and benefits.