Question TitleInformation System Design Tools?A group of System Analysts and Software Developers is discussing the available design tools for information systems. They have seen that both Structural and Object Oriented Tools are quite helpful in the design process. However first group is of the view that Structural tools are more effective than Object Oriented Tools but later is saying Object Oriented tools are more effective than Structural Tools. You are required to express your…See More
FIN611GDB # 01 A company has purchased a plant for Rs. 5 million with an estimated useful life of 10 years. In order to provide funds for replacement of plant the company has decided to create provision with equal amounts for ten years. Therefore; the company debited “Plant replacement charges” and credited “Provision for Plant replacement” in current year’s financial statements.Comment and explain, whether the above provision meets the requirements of IAS 37?See More
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