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please answer ALL the questions immediately thankyou 63. Which of the following is not a usual evidence of the existence of significant influence? (1 Point)
please answer ALL the questions immediately thankyou
63. Which of the following is not a usual evidence of the existence of significant influence?" (1 Point) O The investor has a representation in the board of directors of the entity Before a policy is to be implemented an investor can participate in its review The investor and investee has transactions that is considered to be material O An investor shows that it has a control on the operating decisions of the investee 64. The depreciation method used shall reflect the pattern in which the asset's future economic benefits are expected to be consumed by the entity. Which statement is incorrect regarding depreciation methods? (1 Point) The diminishing balance method results in a decreasing charge over the useful life Straight-line depreciation results in a constant charge over the useful life if the asset's residual value does not change The units of production method results in a charge based on the expected use output A depreciation method that s based on revenue that is generated by an activity that includes the use of an asset is appropriate 65. Which of the following is (are) incorrect if the owner uses part of the property for its own use, and part to eam rentals or for capital appreciation: (1 Point) O All of the above If the portions cannot be sold or leased out separately the property is investment property even if the owner occupied portion is significant If the portions can be sold or lease out separatey, the part that is rented out is investment property If the portions can be sold or leased out separately they are accounted for separate 3. Investment in debt instruments classified as FA@FVTOCI recognizes which of the following in OCI? (1 Point) Any transactions related to FA@FVTOCI should be recognize in OCI Impairment gains and losses Changes in Fair Value Interest calculated using the effective interest method 4. An investment property measured under fair value model is derecognized under all of the following cases, except one * (1 Point) When there is a significant drop in the fair value of the investment property O When no future economic benefits are expected from its disposal When it is sold to a third party When it is permanently withdrawn from use 5. Which statement is incorrect regarding intangibleStep by Step Solution
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