Discuss the Different Conditions Detailed in IASB (2011)that Must Be

question 53

Essay

Discuss the different conditions detailed in IASB (2011)that must be satisfied before the percentage-of-completion method can be used.

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Definitions:

Polarity

A property of molecules with unequal distribution of charges, resulting in molecules having positive and negative ends.

Valence Bond Theory

A theory that explains how electron pairs between atoms form chemical bonds, focusing on electron sharing to achieve noble gas configuration.

Electrons

Subatomic particles with a negative electric charge, found in all atoms and playing a key role in chemical reactions and electricity.

Orbitals

Mathematical functions that describe the regions around an atomic nucleus where an electron is likely to be found, each with its own energy level and shape.