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

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 4CYBK: Which of the following assertions is relevant to whether the cash balances reflect the true...
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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 asset's fair value less costs to dispose
determine the fair value of the cash-generating unit without the asset
determine the asset's carrying value
determine the discounted value of the future cash flows expected to be derived from the asset
 
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