What information does the following XBRL tag provide? 6920000
What will be an ideal response?
Answer:
1. The IFRS taxonomy is used.
2. The context in which other operating expenses appears is current as of December 31, 2014.
3. The unit of measure used is US dollars.
4. Three decimal places are used.
5. The amount of other operating expenses is 6,920.000.
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Indicate whether the question is true or false.
Which of the following is the correct formula for calculating depreciation under the straight-line method?
A) Straight-line depreciation = (Cost + Residual value) / Useful life B) Straight-line depreciation = (Cost - Residual value) / Useful life C) Straight-line depreciation = (Cost + Residual value) x Useful life D) Straight-line depreciation = (Cost - Residual value) x Useful life