intervening to prevent or stop human rights abuses. While international bodies like the
United Nations seek to uphold human rights standards, enforcement is often limited due
to political and legal complexities.The legal framework provided by international
treaties, such as the Universal Declaration of Human Rights, and judicial bodies like the
International Criminal Court (ICC) offer mechanisms for holding violators accountable.
However, international law’s power is limited by the willingness of states to cooperate,
and powerful nations may resist accountability for their actions, creating legal loopholes
that undermine the effectiveness of global human rights protections.#### 8.2 **War
and Military Interventions**Military interventions, whether for humanitarian reasons
or in response to threats, pose significant ethical and legal challenges.
Question 1
Correct
Mark 6.00 out of 6.00
Flag question
Question text
Braum Dairy produces milk to sell to local and
national ice cream producers. Braum Dairy began
operations on January 1, 2015 by purchasing 650 milk
cows for P780,000. The company controller had the
following information available at year end relating to
the cows:
Milking cows
Carrying value, January1, 2015
P780,000
Change in fair value due to growth and price
changes 242,000
Decrease in fair value due to harvest
(28,000)
Milk harvested during 2015 but not yet
sold P36,200
1. On Braum Dairy’s income statement for the year
ending December 31, 2015, what amount of unrealized
gain on biological assets will be reported?
, P242,000P -0-P36,200P214,000
2. On Braum Dairy’s income statement for the year
ending December 31, 2015, what amount of unrealized
gain on harvest milk will be reported?
P36,200P205,800P8,200No gain is reported until
the milk is sold.
Feedback
Your answer is correct.
The correct answer is:
Braum Dairy produces milk to sell to local and national ice cream
producers. Braum Dairy began operations on January 1, 2015 by
purchasing 650 milk cows for P780,000. The company controller had
the following information available at year end relating to the cows:
Milking cows
Carrying value, January1, 2015
P780,000
Change in fair value due to growth and price changes
242,000
Decrease in fair value due to harvest
(28,000)
Milk harvested during 2015 but not yet sold
P36,200
1. On Braum Dairy’s income statement for the year ending December
31, 2015, what amount of unrealized gain on biological assets will be
reported? [P214,000]
2. On Braum Dairy’s income statement for the year ending December
31, 2015, what amount of unrealized gain on harvest milk will be
reported? [P36,200]
Question 2
Correct
Mark 15.00 out of 15.00
Flag question
, one animal was born on July 1, 2020. No animals
were sold or disposed of during the year. The fair
value less cost of disposal per unit is as follows:
2.0 - year old animal on January
1 P100
2.5 - year old animal on July
1 P108
Newborn animal on July
1 P 70
2.0 - year old animal on December
31 P105
2.5 - year old animal on December
31 P111
Newborn animal on December
31 P 72
3.0 - year old animal on December
31 P120
0.5 - year old animal on December
31 P 80
1. What is the fair value of the biological assets on
December 31? P1,440P1,320P1,360P1,400
2. What amount of gain from change in fair value
of biological assets should be recognized in the
current year? P300P332P292P222
United Nations seek to uphold human rights standards, enforcement is often limited due
to political and legal complexities.The legal framework provided by international
treaties, such as the Universal Declaration of Human Rights, and judicial bodies like the
International Criminal Court (ICC) offer mechanisms for holding violators accountable.
However, international law’s power is limited by the willingness of states to cooperate,
and powerful nations may resist accountability for their actions, creating legal loopholes
that undermine the effectiveness of global human rights protections.#### 8.2 **War
and Military Interventions**Military interventions, whether for humanitarian reasons
or in response to threats, pose significant ethical and legal challenges.
Question 1
Correct
Mark 6.00 out of 6.00
Flag question
Question text
Braum Dairy produces milk to sell to local and
national ice cream producers. Braum Dairy began
operations on January 1, 2015 by purchasing 650 milk
cows for P780,000. The company controller had the
following information available at year end relating to
the cows:
Milking cows
Carrying value, January1, 2015
P780,000
Change in fair value due to growth and price
changes 242,000
Decrease in fair value due to harvest
(28,000)
Milk harvested during 2015 but not yet
sold P36,200
1. On Braum Dairy’s income statement for the year
ending December 31, 2015, what amount of unrealized
gain on biological assets will be reported?
, P242,000P -0-P36,200P214,000
2. On Braum Dairy’s income statement for the year
ending December 31, 2015, what amount of unrealized
gain on harvest milk will be reported?
P36,200P205,800P8,200No gain is reported until
the milk is sold.
Feedback
Your answer is correct.
The correct answer is:
Braum Dairy produces milk to sell to local and national ice cream
producers. Braum Dairy began operations on January 1, 2015 by
purchasing 650 milk cows for P780,000. The company controller had
the following information available at year end relating to the cows:
Milking cows
Carrying value, January1, 2015
P780,000
Change in fair value due to growth and price changes
242,000
Decrease in fair value due to harvest
(28,000)
Milk harvested during 2015 but not yet sold
P36,200
1. On Braum Dairy’s income statement for the year ending December
31, 2015, what amount of unrealized gain on biological assets will be
reported? [P214,000]
2. On Braum Dairy’s income statement for the year ending December
31, 2015, what amount of unrealized gain on harvest milk will be
reported? [P36,200]
Question 2
Correct
Mark 15.00 out of 15.00
Flag question
, one animal was born on July 1, 2020. No animals
were sold or disposed of during the year. The fair
value less cost of disposal per unit is as follows:
2.0 - year old animal on January
1 P100
2.5 - year old animal on July
1 P108
Newborn animal on July
1 P 70
2.0 - year old animal on December
31 P105
2.5 - year old animal on December
31 P111
Newborn animal on December
31 P 72
3.0 - year old animal on December
31 P120
0.5 - year old animal on December
31 P 80
1. What is the fair value of the biological assets on
December 31? P1,440P1,320P1,360P1,400
2. What amount of gain from change in fair value
of biological assets should be recognized in the
current year? P300P332P292P222
