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The exam was considered not too hard but due to the time pressure, i don’t have enough time to think thoroughly and mostly only able to write and calculate what i know.
Yes the question 1 requires a lot of time to complete!
The revenue part is to defer the cash advance if customer paid it (cannot recognise it as revenue first) and the payable amount has to unwind it every year
The first brand should be indefinite life and the second brand has definite life. Not sure if am correct.
The acquire of Jengi Co should be accounted separately from Goodwill and also separate CGU.
Viewing 6 posts - 1 through 6 (of 6 total)