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NEW QUESTION: 2
A. Purchase Order: Open; ChangeOrder: New
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C. Purchase Order: Pending Supplier Acknowledgement; Change Order: Pending Supplier Acknowledgement
D. Purchase Order: Open; Change Order: Open
E. Purchase Order: Pending Supplier Acknowledgement; Change Order: Open
Answer: B
NEW QUESTION: 3
IFPS 2, Share-Based payment, normally requires entities to a account for their share based employee compensation plans in accordance with which of the following methods?
A. Option A
B. Option C
C. Option B
D. Option D
Answer: C
Explanation:
Entities must account for share-based employee compensation plans in accordance with the fair-value-based method except in the rare cases in which the fair value of the equity instruments is not reliably measurable at the measurement date the grant date for transactions with employees and those providing similar services). In these rare cases IFRS 2 requires entities to account for these plans in accordance with the intrinsic value based method.
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