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Disregard letter c

Using the PFRS for SEs text as reference: Write 3 examples of assets or asset accounts that are basic financial instruments covered by (and cited in the scope of) PERS for SEs Section 6 Basic Financial Instruments. 1 1 1 Using the PFRS for SEs text as reference: Write 2 examples of liabilities or liability accounts that are basic financial instruments covered by PFRS for SEs Section 6 Basic Financial Instruments 1 1 Now, to relate our knowledge of what the PFRS for SEs text tell us to what FS show: From 1 1 1 What is the point when financial instruments must be recognized by the entity? 1 Are Inventories financial instruments? Write Yes or No below. 1 The FIFO (First In, First Out) "flow of cost" assumption for costing inventories sold is 1 The LIFO (Last In, First Out) "flow of cost" assumption for costing inventories sold is 1 Other than accounting policies adopted for them, write 3 disclosures (in the face of the FS 1 1 1 Other than accounting policies adopted for them, write 3 FS disclosures (in the face of the 1 1 1 What is the difference between initial recognition of trade (sales related) receivables blank below) - 1 below) - 1 c) What is it that requires the difference in the recognition rules for cases a) and b) above 1 Subsequent measurement of receivables and payables must be at "amortized cost". Write 2 financial asset (like a receivable). c) What is it that requires the difference in the recognition rules for cases a) and b) above Subsequent measurement of receivables and payables must be at "amortized cost". Write financial asset (like a receivable). financial liability (like a payable). Write below 3 examples of costs that must be included as cost of Inventory: deducted from the cost of Inventory