Discuss the differential reporting requirements of AAS 25.

1.AAS 25 permitted different reporting requirements for defined benefit plans and defined

 

contribution plans.

(a) Discuss the differential reporting requirements of AAS 25.

(b) Discuss whether AASB 1056 is similar to AAS 25 in requiring differential reporting

based on plan type.

(c) Explain the reasoning behind the approach adopted in AASB 1056.

2. ‘AASB 1056 and AAS 25 differ in relation to the recognition of member benefits.’

Explain what is meant by this statement.  3.Compare and contrast the treatment of net changes in defined benefit member benefits required by AAS 25 and AASB 1056.3. What is meant by: (a) an insurable interest; (b) an insurable risk?  4 What is a fixed-fee service contract?

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erive the differential equations in terms of the liquid heights h1 and h2.

  Figure 7.18 shows a liquid-level system in which two tanks have cross-sectional areas A1 and A2, respectively. The volume flow rate into tank 1 is qi. A pump is connected to the bottom….

Derive the differential equation relating the liquid height h and the volume flow rate qi at the inlet.

  Consider the single-tank liquid-level system shown in Figure 7.19, where the volume flow rate into the tank through a pipe is qi. The liquid leaves the tank through an orifice….

Derive the differential equations in terms of the liquid heights h1 and h2.

Figure 7.20 shows a hydraulic system of two interconnected tanks that have the same cross-sectional area of A. A pump is connected to tank 1. Assume that the relationship between the….