Once classified as held for sale, non-current assets or assets within a disposal group are measured at their fair value.

Name: Once classified as held for sale, non-current assets or assets within a disposal group are measured at their fair value.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Once classified as held for sale, non-current assets or assets within a disposal group are measured at the lower of their carrying amount and fair value less costs to sell, not at fair value alone.

Once Classified as Held for Sale, Non-Current Assets or Assets