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Thanks for the clarification
But, In the BPP book the contractual cash flow is among the criteria for the classification at FV through OCI
What question can we expect in question 4
do you still remember q4 was on which topic
What were the topics assessed?
The exam was very tough. I will definitely fail…
The MCQ on inventory
210000 /0.7= 300,000
300000 * 0.8 * 0.75= 180,000
cost= 210,000
NRV= 180,000
1000,000-210,000+180,000
=970,000 recorded as inventory
Did you got the answer
For the impairment , i think non current assets were impaired by 30,
