Chien Bleu Ltd

question 28

Multiple Choice

Chien Bleu Ltd.purchased a building in 2004 for €10,000,000 and as of December 31,2010 had recorded accumulated depreciation on the building of €3,000,000. December 31,2010 the company conducted its first revaluation when the fair value was €12,000,000. According to IAS 16,what account should be credited for €5,000,000?

• A)retained earnings
• B)gain from revaluation of building
• C)revaluation surplus
• D)revaluation revenue

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Definitions:

Behavior

Behavior refers to the actions or reactions of an organism, usually in relation to its environment, which can be observable or measurable.

Milgram's Obedience Experiment

A psychological experiment conducted by Stanley Milgram which measured the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Ethical Dilemmas

Situations where there is a conflict between moral imperatives, making it challenging to decide the right course of action.

Components Of Attitude

The aspects that make up attitudes, typically including cognitive (beliefs), affective (feelings), and behavioral (actions) components.