CertIFR-M4

1. Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

Allocation of administration costs?
A.
B.

Question 1 of 7

2. Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

 

Pension costs of employees engaged in constructing the production line.? 
A.
B.

Question 2 of 7

3. Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

 

Sales income from selling items produced during the testing phase? 
A.
B.

Question 3 of 7

4. Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

 

Costs of advertising the output of the new production line?
A.
B.

Question 4 of 7

5. Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

 

Costs of testing the production line??
A.
B.

Question 5 of 7

6.
Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

Costs to prepare the factory floor before installation of the production line?
A.
B.

Question 6 of 7

7. Answer the following question to check your understanding of what you have learned about PPE so far.

During the year ended 31 December 20X0, Uddin Manufacturing Co constructed a new production line. Due to the nature of the manufacturing process, the company is legally required to dismantle the line at the end of its useful life.

Instructions: In this exercise, you will indicate which of the following amounts should be included as part of the cost of the asset.

 

Future costs of dismantling the line? 
A.
B.

Question 7 of 7


 

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