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 MGT401 Financial Accounting II Quiz Start Tim e: 05:49 PM Time Left 53 sec(s) Question # 1 of 15 ( S tart time: 05:49:17 PM ) Total Mar ks: 1 Which of the following option is/are TRUE with respect to the Di sclosure requirement for intangible assets acquired by the way of Government grants? Select correct option: The fair value initially recognized Disclosure for carrying amount Disclosure for the amount of commitments for acqu isi tion o f intangible assets All of the given options Quiz Start Tim e: 05:49 PM Time Left 76 sec(s) Question # 2 of 15 ( S tart time: 05:50:43 PM ) Total Mar ks: 1 Which of the following is the ability to govern the f inancial and operating policies of an enterprise so as to obtain from its activities? Select correct option: Control Significant Influence Direct Subsidiary Indirect Subsidiary Quiz Start Tim e: 05:49 PM Time Left 87 sec(s) Question # 3 of 15 ( S tart time: 05:52:09 PM ) Total Mar ks: 1 Which one of the foll owing methods for inventory valuation is NOT suitable for homogeneous units? Select correct option: FIFO Method LIFO Method Weighted Average Method www.vuattach.ning.com h t t p : / / vu at t a ch . n i n g .co m ( C o m e & Jo in U s)

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