5 Financial statements have seen an increasing move towards the use of fair values in accounting. Advocates of ‘fairvalue accounting’ believe that fair value is the most relevant measure for financial reporting whilst others believe thathistorical cost pr

题目

5 Financial statements have seen an increasing move towards the use of fair values in accounting. Advocates of ‘fair

value accounting’ believe that fair value is the most relevant measure for financial reporting whilst others believe that

historical cost provides a more useful measure.

Issues have been raised over the reliability and measurement of fair values, and over the nature of the current level

of disclosure in financial statements in this area.

Required:

(a) Discuss the problems associated with the reliability and measurement of fair values and the nature of any

additional disclosures which may be required if fair value accounting is to be used exclusively in corporate

reporting. (13 marks)

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更多“5 Financial statements have seen an increasing move towards the use of fair values in acco ”相关问题

  • 第1题：

    根据图10-5所示的UML类图可知，类Car和类Boat中的move()方法(59)。

    A．引用了类Transport的move()方法

    B．重置了类Transport的move()方法

    C．是类Transport的move()方法的聚集

    D．是类Transport的move()方法的泛化


    正确答案：B
    解析：在面向对象的语言中，可以定义一些不含方法体的方法，它的方法的实现交给该类的子类根据自己的情况去实现。这样的方法叫抽象方法，包含抽象方法的类叫抽象类。抽象方法用abstract修饰符来定义，任何带有抽象方法的类都必须声明为抽象类。抽象类不能被实例化，也就是不能用new关键字去产生对象。抽象方法只需声明，不需要实现。含有抽象方法的类必须被声明为抽象类，抽象类的子类必须覆盖所有的抽象方法后才能被实例化，否则这个子类还是个抽象类。在图10-5中，因为Transport类是一个抽象类，因此其子类Car和Boat的方法move()是对Transpost类的方法move()的重置。

  • 第2题：

    Aretailcustomersapplicationenvironmentrequires32memoryslotsandfourprocessorstorunscientific，andtechnicalcomputing，financial，weathersimulation，andlifesciences.WhichofthefollowingSystemxservermeetstheseneedsatminimumcost？（）

    A.x3850X5

    B.x3550M3

    C.HX5

    D.x3650M3


    参考答案：A

  • 第3题：

    Due to the heavy damage the storm has caused in some rural areas, it is predicted that the cost of fruits and vegetables will be_________ this summer.

    A. increase
    B. increases
    C. to increase
    D. increasing

    答案：D
    解析：
    由于这次暴风雨在部分乡村地区造成的严重破坏，预计今年夏天水果和蔬菜的价格都会上涨。横线后没有动词出现，由横线前的be动词可以判断横线处应填入动词的现在分词或过去分词。D符合答案。

  • 第4题：

    Given the following DDL and INSERT statements:CREATE VIEW v1 AS SELECT col1 FROM t1 WHERE col1 > 10; CREATE VIEW v2 AS SELECT col1 FROM v1 WITH CASCADED CHECK OPTION; CREATE VIEW v3 AS SELECT col1 FROM v2 WHERE col1 < 100; INSERT INTO v1 VALUES(5); INSERT INTO v2 VALUES(5); INSERT INTO v3 VALUES(20); INSERT INTO v3 VALUES(100);How many of these INSERT statements will be successful?（）

    A.0

    B.1

    C.2

    D.3


    参考答案：C

  • 第5题：

    YouuseaWindows2000Professionalcomputertorunaweeklyaccountstable.Thereporthasthenameap_financial_reports.Youalsowanttheusethecomputertorunatasknamedperf_logtoconnecttonetworkroutersandretrievetheirperformancelogs.Whentheap_financial_reportisrunningonthecomputerperf_logtaskstopsrespondingtheeventuallytimesout.Whenyourunonlytheperf_logtaskthetaskcompletessuccessfully.Youusethetaskmanagertoviewyoursystemresources.Youwanttoresolvetheperformancelogtimeoutproblembyusingtaskmanager.Whatshouldyoudo？（）


    参考答案：A

  • 第6题：

    There are two types of death:the kind that comes so soon,and the kind that,though lamentable,at least feels age-appropriate.When someone young passes away,the blow is made worse by all the might-have-beens-what the deceased could have done,seen,and accomplished if only given more time.When the very old die,however,the loss-while still terrible for their loved ones-doesn't come with the same sense of unfulfillcd potential."It was his time"is the phrase that so ofien applies,or,"She lived a full life."But the definition of"a full life"is expanding,and the line dividing the two types of death is retreating.As life expectancies continue to change,so too will our collective ideas about death and its time-not just for talents who generation-defining songs,but also the rest of us who still have unfinished business of our own.


    答案：
    解析：
    有两种类型的死亡：一种来得太早，让人猝不及防；另一种虽令人痛惜，但也算得上寿终正寝。当一个年轻人逝去，所有的可能都会使这一打击更加严重——如果还有时间的话，还有很多能做的、能看到的、能完成的事业。然而，当年纪很大的老人去世时，虽然这种失去对他们所爱的人来说一样是痛惜的，但是不会有同样未完成的惋惜。这时人们通常会说“这是他该去的时候了”，或“她度过了完满的一生”。但“完满的一生”的定义扩大了，两种死亡的分界线也正在退却。随着人的预期寿命的不断变化，整个社会对死亡和死亡时间的观念也随之变化——不只针对那些能写出定义时代的歌曲的天才，也针对我们这些还有自己未竟的事业的人。

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