If the financial statements has an inventories of 3000 unit at $10 each and cost of goods sold is $550,000. the replacement cost is $12 per unit of ending inventory and $590,000 for cost of goods sold. the unrealised profit using CCA method is:

a. $6,000

b. Zero

c. $40,000

d. $46,000

Which statement is NOT true related into the objectives of GPFR?

a. should Provide information that is useful to present and potential investors and creditors and other users in making rational investments, credit and similar decisions.

b. to demonstrate accountability between the entity and those parties to which the entity is deemed accountable

c. Stewardship of Management

d. to help internal users like management to make rational decisions

Please, quickly, not enough time, please