Difference between revisions of "Decision Tree Example 1 Answer (CIA.IFRS17-LRC)"

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[https://www.battleactsmain.ca/video/animations/countdown.mp4 <span style="color: green; background-color: navajowhite; border-radius: 24px; padding: 5px 10px 10px 10px ; font-size: 24px">'''&#8721;'''</span>]
 
 
 
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* Based on the decision tree, a qualitative assessment of facts & circumstances indicates that this group of contracts is <u>non-onerous</u>.
 
* Based on the decision tree, a qualitative assessment of facts & circumstances indicates that this group of contracts is <u>non-onerous</u>.
 
* No further action is required.
 
* No further action is required.
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Calculate the [https://www.battleactsmain.ca/video/animations/countdown.mp4 <span style="color: green; background-color: navajowhite; border-radius: 24px; padding: 5px 10px 10px 10px ; font-size: 24px">'''&#8721;'''</span>] of the numbers in the video!
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''(If you don't know what the heck this is, take a look at the highlighted bullet points in the Boot Camp box for the <span style="background-color: navajowhite;">[https://www.battleactsmain.ca/BattlePlan.php BattleActs S-u-m-m-e-r S-u-r-p-r-i-s-e]</span>)''

Latest revision as of 19:06, 22 June 2022

Example 1: Given the following information about a group of contracts, asses whether the group is onerous and take appropriate action (if any)
  • company has been stable and profitable for the past 10 years
  • no unfavourable trends are projected
  • FCF = 100
  • LRC ex. LC = 105
  • LC = 0

Answer:

  • Based on the decision tree, a qualitative assessment of facts & circumstances indicates that this group of contracts is non-onerous.
  • No further action is required.

Calculate the of the numbers in the video!

(If you don't know what the heck this is, take a look at the highlighted bullet points in the Boot Camp box for the BattleActs S-u-m-m-e-r S-u-r-p-r-i-s-e)