[NicoleC93]

i didnt really understand the disclosure question!

[NicoleC93]

I put something like the loan should be included in none current assets as 16 months and finance income should be recognised at the effective rate and discounted to present value as longer than 1 year? I put about the pref shares they should be included as non current liabilities as longer than 12 months and that if they are omitted then the gearing of the company will be lower than it actually should be (long term liabilitys/equity) giving investors misinformation which can lead to bad financial decision making. Honestly some of the questions were so hard and some i havent seen practiced! The ethics question was pretty strange!

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