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NEW QUESTION: 1
Arnold Ltd bought an asset on 1 October 20X1 for $200,000. It was being depreciated over 20 years on the straight-line basis. On 1 October 20X3, the asset was revalued to $270,000. Subsequently, on 30 September 20X7 the asset was classified as held for sale. Its fair value was estimated at $190,000 with costs to sell $5,000.
In accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations, what should be the lossrecognizedin the statement of profit or loss for the year ended 30 September 20X7?
A. $5,000
B. $Nil
C. $25,000
D. $20,000
Answer: A
NEW QUESTION: 2
You have a Starter project. Your code is ready for testing in the Staging environment, but you need the latest data from Production What do you do to update the Staging environment?
A. Log in to the Project Web Ul. choose theStaging environment, and click Sync
B. Checkout the Production environment and use the magento-cloud syncCLI command
C. Log in to the Project Web Ul. choose the Staging environment, and click Merge
D. Checkout the Staging branch and use the git push origin -f command
Answer: A
NEW QUESTION: 3
All platforms of TE Desktop&Moblie support viewing conference content
A. FALSE
B. TRUE
Answer: B