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Under IFRS, to Determine If There Is an Impairment Loss

Question 30

Multiple Choice

Under IFRS, to determine if there is an impairment loss:


A) Compare the fair value of the identifiable assets to the book value of the assets
B) Compare the fair value of the reporting unit against the carrying value of the reporting unit
C) Compare the imputed current fair value of goodwill with the carrying value of goodwill
D) Compare the carrying amount of the CGU with the recoverable amount

Correct Answer:

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