Page 123 - Financial Accounting 1 ITC Preparation June 2018

ITC EXAM PREP – JUNE 2018

Definitions (IAS16.6)

Regular MAJOR SAFETY &
inspections (IAS ENVIROMENTAL
COST (IAS 16.11)
16.14)

RECOGNITION

SIGNIFICANT SPARE PARTS &
COMPONENTS SERVICING

(IAS 16.13 &70) EQUIPMENT (IAS
Meet PPE 16.8)

definition?
Otherwise

Inventory

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