Once a Class of Non-Current Assets Has Been Revalued,IAS 16

question 19

Multiple Choice

Once a class of non-current assets has been revalued,IAS 16 requires that:

• A)Directors continue to revalue the class of assets on an ad hoc basis.
• B)Revaluations must be undertaken regularly enough to ensure that the carrying amount of each asset in the class of assets does not differ materially from its fair value at reporting date.
• C)All assets in the class must be revalued every 3 years.
• D)Revaluations must be undertaken regularly enough to ensure that the carrying amount of the class of assets does not differ from its fair value at reporting date.

Acknowledge the impact of corporate social responsibility on business outcomes.

Explore strategic PR responses to corporate crises.

Analyze the role of corporate philanthropy in enhancing company performance.

Appreciate the value of strategic thinking and audience identification in PR planning.

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Definitions:

Growth Rates

Measures of how much a particular variable, such as population, sales, or GDP, has increased over a specified period of time.

Treasury Bill Rate

The Treasury bill rate is the yield or return on investment for U.S. government debt securities known as Treasury bills, which have short-term maturities.

Cost of Equity

The return a company needs to generate to compensate its equity investors, often calculated using models like the Capital Asset Pricing Model (CAPM).

Financing

The process of providing or obtaining funds for business activities, making purchases, or investing.