Elephantiasis is a symptom of a variety of diseases, where parts of a person's body swell to massive proportions. Elephantiasis tropica or lymphatic filariasis, caused by a number of parasitic worms, particularly Wuchereria bancrofti. More than 120 million people, mostly in Africa and Southeast Asia, are affected.
The relevant range of operations is the normal or average scope of business activities. In the other words, the relevant range of operations is the average volume of sales and production that a business experiences outside of extreme economic prosperity and depression.
In particular, this section addresses audit considerations relat-. ing to the measurement and disclosure of assets, liabilities, and speciï¬c com-. ponents of equity presented or disclosed at fair value in ï¬nancial statements. Fair value measurements of assets, liabilities, and components of equity may. arise from both the initial recording of transactions and later changes in value. Changes in fair value measurements that occur over time may be treated in. different ways under generally accepted accounting principles (GAAP). For ex-.