Which of the following statements is incorrect regarding the guidance given in AASB 136 on the composition of future cash flow estimates?
A) future cash flows are to be estimated based on the asset's current condition
B) estimates of the future cash flows can include inflows and outflows expected to arise from a future,uncommitted restructuring
C) estimates of future cash flows are not to include inflows or outflows from financing activities or income tax receipts or payments
D) estimates of the future cash flows should include projections of inflows from continuing use of the asset
Correct Answer:
Verified
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