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- IAS 36 – Impairment of Assets 0%
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Question 1 of 10
1. Question
Which of the following is not an objective of IAS 36?
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Question 2 of 10
2. Question
Which of the following shall IAS 36 be applied to?
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Question 3 of 10
3. Question
IAS 36 shall be applied to financial assets only if they are within the scope of IFRS 9 Financial Instruments.
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Question 4 of 10
4. Question
An entity owns an item of property, plant and equipment that has been revalued in accordance with IAS 16 Property, Plant and Equipment. Under which of the following circumstances shall an entity apply IAS 36 to this item in order to determine whether it is impaired?
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Question 5 of 10
5. Question
Carrying amount is the amount at which an asset is recognised __________.
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Question 6 of 10
6. Question
Which of the following terms does this statement define: “the amount by which the carrying amount of an asset or a cash-generating unit exceeds its recoverable amount”?
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Question 7 of 10
7. Question
Which of the following does not define “useful life”?
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Question 8 of 10
8. Question
Which of the following does define “recoverable amount” of an asset?
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Question 9 of 10
9. Question
Which of the following statements do agree with IAS 36?
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Question 10 of 10
10. Question
Which of the following shall an entity do regardless of whether there is any indication of impairment?
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