Accounting for Non-monetary transactions
        1. What is a non-monetary transaction?
        2. What is a non-reciprical transfer?
        3. What is an exchange?
        4. What is the basic principle to be followed in a non-monetary transaction?
        5. What is the cost of a non-monetary asset acquired in an exchange?
        6. Under what circumstances should the basic principle not be followed?
        7. If an exchange lacks commercial substance, the  accounting for the exchange of a nonmonetary asset between an enterprise and another entity should be based on what amount?
        8. What  does commercial substance mean in the context of FAS No. 153?
        9. If an amount of monetary consideration is involved in an exchange of similar productive assets, should there be any gain recognized and if so, by whom?

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