Question

What should be disclosed regarding the value of contracts in relation to investments for purchases where deliveries are pending?

a.

No disclosure is required for pending deliveries

b.

Disclose only the total value of contracts without details

c.

Disclose the value of contracts for purchases where deliveries are pending

d.

Disclose only the percentage of pending deliveries

Answer: (c).Disclose the value of contracts for purchases where deliveries are pending Explanation:The value of contracts for purchases where deliveries are pending should be disclosed.

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Q. What should be disclosed regarding the value of contracts in relation to investments for purchases where deliveries are pending?

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