A previously recognised impairment loss on an individual asset can be reversed if:

Select one:

a.

The recoverable amount of the asset is less than the carrying amount of the asset.

b.

The asset is part of a cash generating unit. A reversal of impairment loss cannot be assessed on individual assets.

c.

The asset is goodwill.

d.

The fair value of the asset is greater than the carrying amount of the asset.