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Basic Question 0 of 15
According to IFRS, which of the following pieces of information about property, plant, and equipment must be disclosed in a company's financial statements and footnotes?
II. The useful lives or, equivalently, the depreciation rate
III. The measurement bases
IV. The gross carrying amount and the accumulated depreciation at the beginning of the period
V. The gross carrying amount and the accumulated depreciation at the end of the period
I. The depreciation method
II. The useful lives or, equivalently, the depreciation rate
III. The measurement bases
IV. The gross carrying amount and the accumulated depreciation at the beginning of the period
V. The gross carrying amount and the accumulated depreciation at the end of the period
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
calculate and interpret activity, liquidity, solvency, and profitability ratios
describe relationships among ratios and evaluate a company using ratio analysis
CFA® 2025 Level I Curriculum, Volume 3, Module 11.