Which of the following is not a part of the impairment test of equipment under IFRS? Group of answer choices determine the fair value of the cash-generating unit without the asset determine the discounted value of the future cash flows expected to be derived from the asset determine the asset's fair value less costs to dispose determine the asset's carrying value

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which of the following is not a part of the impairment test of equipment under IFRS?
Group of answer choices
determine the fair value of the cash-generating unit without the asset
determine the discounted value of the future cash flows expected to be derived from the asset
determine the asset's fair value less costs to dispose
determine the asset's carrying value
 
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