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19. When the entity uses the IFRS for SMEs, investments in jointly controlled entities must be tested for impairment, if the entity uses Group of answer choices The cost model or the fair value model The equity method or the fair value model The equity method or the cost model The cost method, the equity method or the fair value model

19. When the entity uses the IFRS for SMEs, investments in jointly controlled entities must be tested for impairment, if the entity uses Group of answer choices The cost model or the fair value model The equity method or the fair value model The equity method or the cost model The cost method, the equity method or the fair value model

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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19.

When the entity uses the IFRS for SMEs, investments in jointly controlled entities must be tested for impairment, if the entity uses
 
Group of answer choices
The cost model or the fair value model
The equity method or the fair value model
The equity method or the cost model
The cost method, the equity method or the fair value model
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