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 generates cash inflows predominantly independent from other CGUs.
D) IFRS does not recognize the concept of cash-generating units (CGU) .
Correct Answer:
Verified
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