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Click Submit to complete this assessment. tion 10 Recoverable amount of an asset is defined in AASB 136 as the higher of its fair value
Click Submit to complete this assessment. tion 10 Recoverable amount of an asset is defined in AASB 136 as the higher of its fair value less costs to sell and its value in use. In the case where an asset's carrying O Recognise difference as increase is asset revaluation reserve o Recognise difference as impairment loss. O Recognise difference as gain from reinstatement of asset. O Leave asset at its carrying amount. Click Submit to complete this assessment
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