Technological Institute of the Philippines BSA 101 Quiz 3.1 Shareholders' Equity QUESTION 1 When shares are issued for noncash consideration, the proceeds shall be measured at what amount? Correct answer: The fair value of the non-cash consideration received QUESTION 2 When shares are issued for services received, which is the least appropriate amount to consider? Correct answer: ...[Show More]
Category: | Quiz |
Number of pages: | 5 |
Language: | English |
Last updated: | 1 month ago |
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