Which of the following best describes the concept of cash-generating units (CGU)?
A)Their cash flows are dependent on those of other CGU's.
B)The individual assets that are included in the CGU do not generate cash flows on their own.
C)A CGU is the largest identifiable group of assets that generate cash inflows predominantly independent from other CGUs.
D)IFRS does not recognize the concept of cash-generating units (CGU).

Question

Quizplus · Accepted Answer

The Answer of Which of the following best describes the concept of cash-generating units (CGU)?
A)Their cash flows are dependent on those of other CGU's.
B)The individual assets that are included in the CGU do not generate cash flows on their own.
C)A CGU is the largest identifiable group of assets that generate cash inflows predominantly independent from other CGUs.
D)IFRS does not recognize the concept of cash-generating units (CGU).

Which of the Following Best Describes the Concept of Cash-Generating