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accounting policy

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › accounting policy

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.
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  • May 19, 2021 at 4:05 am #620994
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir is it possible that half of a comapny’s property plant and equipments are measured at FV and the other half set of PPEs is measured at historical cost?

    P.S.- all of them are in whole, not in terms of fraction. My question is basically pertaining to two different sets of PPE.

    May 19, 2021 at 5:33 am #620995
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    Yes.

    Disney may choose to value all of its theme parks at cost and all of its hotels at fair value.

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