Forum Replies Created
- Posts
In question 28 – calculating the new value of an item within the CGU. Why are current assets not included when weighting out the 100 loss?
Regarding question 4 of the mock:
Judy is provided with accommodation by her employer, which the employer purchased 35 years ago at a cost of £74,500. The property has an annual value of £2,600, and had a market value of £245,000 when first made available to Judy 8 years ago. Judy pays £250 per month to her employer to live in the property.
Why is the additional charge not included, as the property was owned for over 6 years before being provided to the employee the cost of provision should be based off the market value not the purchase price?
Is this an error in the exam?
Why is Eight not included? if A owns 100% of C & C owns 51% of Eight, isn’t A’s effective interest over eight 51% and thus > than 50%?