7 of yet wered ked out of Lag on If a company overstated its depreciation expense on it 2018 financial statements, the required presentation in the 2020 statement of retained earnings Includes: Select one: a. An addition to the opening balance of retained eamings b. A deduction from the closing balance of retained earnings c. No adjustment to retained earnings d. A deduction from the opening balance of retained earnings In an impairment test for a limited-life intangible asset under IFRS, the recoverable amount is: Select one: a. The lesser of the value in use and fair value less selling costs b. The lesser of the undiscounted cash flows and the fair value less selling costs c. The greater of the undiscounted cash flows and the fair value d. The greater of the value in use and fair value less selling costs