(b) Discuss the view that fair value is a more relevant measure to use in corporate reporting than historical cost.(12 marks)

[试题](ii) why the ‘fair value option’ was initially introduced and why it has caused such concern. (5 marks)

[单选题]A net pension asset or net pension liability is equal to the difference bet

[单选题]For periods beginning on or after 1 January 2011, the aggregate fair value

[单选题]A capital lease requires rental payments of $3,000 annually. Fair value of

[试题](b) Discuss the limitations of the above estimates. (6 marks)

[试题](b) Discuss the nature of the following issues in developing IFRSs for SMEs.(i) The purpose of the standards and the type of entity to whom they should apply. (7 marks)

[试题](b) Identify and discuss the appropriateness of the cost drivers of any TWO expense values in EACH of levels (i)to (iii) above and ONE value that relates to level (iv).In addition, suggest a likely cause of the cost driver for any ONE value in EACH of

[试题](b) Discuss the statements of the operational manager of Bonlandia and assess their implications for SSH.(4 marks)

[试题](b) Discuss the relevance of each of the following actions as steps in trying to remedy performance measurementproblems relating to the ‘365 Sports Complex’ and suggest examples of specific problem classifications thatmay be reduced or eliminated by e

[试题](b) Discuss how the operating statement you have produced can assist managers in:(i) controlling variable costs;(ii) controlling fixed production overhead costs. (8 marks)