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- IFRS 5 – Non-current Assets Held for Sale and Discontinued Operations 0%
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Question 1 of 10
1. Question
How shall an entity measure a non-current asset classified as held for distribution to owners?
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Question 2 of 10
2. Question
How shall an entity measure a disposal group if is acquired as part of a business combination?
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Question 3 of 10
3. Question
When the sale is expected to occur beyond one year, the entity shall measure the costs to sell at their __________.
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Question 4 of 10
4. Question
Shall an entity recognise a gain for any subsequent increase in fair value less costs to sell of an asset?
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Question 5 of 10
5. Question
When shall a gain or loss not previously recognised by the date of the sale of a non-current asset be recognised?
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Question 6 of 10
6. Question
An entity shall depreciate a non-current asset while it is classified as held for sale or while it is part of a disposal group classified as held for sale.
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Question 7 of 10
7. Question
An entity shall measure a non-current asset that ceases to be classified as held for distribution to owners at the lower of its carrying amount before the asset was classified as held for distribution to owners, adjusted for any depreciation, amortisation or revaluations that would have been recognised had the asset not been classified as held for distribution to owners and its __________ at the date of the subsequent decision not to distribute.
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Question 8 of 10
8. Question
An entity shall present and disclose information that enables users of the financial statements to evaluate the financial effects of __________.
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Question 9 of 10
9. Question
In the statement of comprehensive income an entity shall disclose __________ the post-tax profit or loss of discontinued operations and the post-tax gain or loss recognised on the measurement to fair value less costs to sell or on the disposal of the assets or disposal groups constituting the __________.
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Question 10 of 10
10. Question
Under which of the following circumstances adjustments in the current period to amounts previously presented in discontinued operations that are directly related to the disposal of a discontinued operation in a prior period may arise?
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