Penny Ltd Sells Inventory Items to Its Subsidiary Bolt Ltd

question 2

Multiple Choice

Penny Ltd sells inventory items to its subsidiary Bolt Ltd.If during the financial year 2013,the unrealised profits in ending inventory in Bolt Ltd is less than its unrealised profits in beginning inventory,which of the following statements is correct with respect to Penny Ltd's consolidated financial statements after considering these transactions only?

• A) Consolidated profit will increase.
• B) Consolidated deferred tax liability will increase.
• C) Consolidated ending inventory will decrease.
• D) Consolidated sales will be unaffected.

Identify different types of torture and their psychological impacts.

Understand the importance and methods of immediate and long-term support and therapy for trauma survivors.

Appreciate the complexity of stress disorders' etiology, including environmental, genetic, and psychological factors.

Grasp the significance of early intervention and the effectiveness of various therapeutic approaches for stress disorders.

---

Definitions:

Legume

(1) A simple, dry fruit that develops from a single carpel and splits open at maturity along two sutures to release seeds. (2) Any member of the pea family (e.g., pea, bean, peanut, alfalfa).

Soil Organisms

A diverse group of living entities in soil, including bacteria, fungi, insects, and earthworms, contributing to nutrient cycling and soil health.

Prenatal Development

The process of growth and development within the womb from conception to birth.

Periods

Segments of time into which time is divided, often used in reference to historical epochs or women's menstrual cycles depending on context.