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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Past year Question Mar20 Q1
Hi Sir,
Q1(c) May I know we need to fulfill these conditions like available for immediate sale, highly probable, actively marketed at reasonable price, etc. – for AHFS transaction only OR actually discontinued operation also need to fulfill these conditions?
Besides that, another question is
The suggested answer-
should not consolidated into the Hummings group FS. Quaver Co should initially be valued at FVLCTS with any subsequent decreases in FVLCTS taken to consolidate profit or loss
I am a bit blur on this sentence. First, it mention should be consolidate, but later it says taken to consolidate P&L? Can u explain to me this further?
Thank You
Please can I ask you to restate your questions on separate threads with meaningful headings.
EG
Definition of discontinuance
Non-consolidation
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