AFAB243 tutorial impairment assets sem 2 20172018 RAEDAH.docx

AFAB243 tutorial impairment assets sem 2 20172018 RAEDAH.docx

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AFAB243 FINANCIAL ACCOUNTING & REPORTING 3 SEMESTER 2, 2017/2018 TUTORIAL TOPIC 2: IMPAIRMENT OF ASSETS QUESTION 1 Burger queen is a chain of fast-food restaurants – most reasonably sized towns in the country have a burger queen outlet. The key claim to fame of the burger queen restaurants is that their fried chips are extra crunch. Also to ensure that there is a consistent standard of food and service across the country, the management of the chain of restaurants conducts spot checks on restaurants. Failure to provide the high standard expected by burger queen management can mean that the franschise to a particular location can be taken away from the franchisee. Burger Queen management is responsible for the television advertising across the country as well as the marketing program, including the special deals that may be available at any particular time. Each restaurant is responsible for its own sales, cooking of food, training of staff and general matters such as cleanliness of the store. However, all material used in the making of the burgers and other items sold are provided at a given cost from the central management, which can be thereby control the quality and the price.
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  • Fall '16
  • Madam noormala
  • Burger Queen, BHD, Narrabri Bhd, Oakey Bhd

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