Question 3 a) Distinguish adjusting and non-adjusting events b)
Distinguish between right issue and bonus capitalization...
Question 3 a) Distinguish adjusting and non-adjusting events b)
Distinguish between right issue and bonus capitalization c)
Distinguish between loan and debenture
Classify the events as adjusting or non-adjusting events
as per IAS10. Justify your answer!
a) shortly after the financial reporting date a survey of an
item of property, plant and equipment revealed significant
structural problems with the asset.
b) a lawsuit alleging damages suffered from an acident that
occured after the financial reporting date.
c) a bankruptcy of a customer that occurs after the reporting
date.
d) at the year end, management has the intention to decide upon
implementing a...
Question 2
Distinguish between the following:
a. Parametric test and non-parametric test
b. Linearity and normality
c. Interpreting static variable and interpreting dynamic
variable
d. P-value and α-value
e. Outliers and influential data points.
Question:
a)Distinguish between the following:
i) Non- Parametric Methods
ii) Semi-Parametric Methods
iii) Parametric Methods
b) Discuss the following statistical properties of asset
returns:
i) Heavy tails
ii) Ergodicity
iii)Autocorrelation -absence of linear autocorrelation
C)Explain the following Diagnostic tests of the error term
i) White Test of heteroscedasticity
ii)Normality Test
QUESTION 1
The main issue in accounting for foreign currency transactions
is:
how to distinguish between denomination currency or settlement
currency.
how to translate the financial statements of a foreign
operation.
how to treat any foreign exchange differences that arise when
assets or liabilities are remeasured at the end of the reporting
period using the closing rate.
how to record transactions with foreign operations.
0.1 points
QUESTION 2
For a company that has an Australian A$ as its functional...