How does the fair value model differ from the revaluation model?

15.1   Liabilities liquidated is measured at:  Group of answer choices  None of the choices  Realizable value  Actual settlement amount  Book value

Which of the following(s) is (are) proposed as a reason to contribute to a non-participation puzzle? I. Downside risk II. Exchange rate risk II. Participation costs IV. Political activism O , II, and II O Il and II O Il and IV O , II, and IV O I, II, II, and IV

Which of the following statements true? I. All else equal, an increase in storage costs, decreases the value of the forward on an asset All else equal, an increase in convenience yield, decreases the value of the forward on an asset I. A) I. and II. are true B) I. is true and II. is false C) II. is true and I. is false D) I. and II. are false Win Win

nagative externality can be internalized by a. taxation b. reqard c. subsidy d. none of the above

Refers to the capital recovery factor O (F/A,i,n) O (P/A,i,n) O (A/F,i,n) O (A/Pi,n)

Provide some examples of items that would be adjusted directly against equity, rather than being included as a part of proft and loss

Provide some example of items which would be adjusted directly against equity rather than being as part of profit or loss

Q2: What is meant by discounting? By way of example explain why critics of discounting regard the practice to run counter to the principle of inter- generational equity.