Question
If a company writes down the net assets of a discontinued operation from original carrying value to a remeasurement of fair value in one year,
If a company writes down the net assets of a discontinued operation from original carrying value to a remeasurement of fair value in one year, and then in the next year the fair value changes ________.
the company will recognize any subsequent loss or gain for the difference between new fair value and prior year remeasured fair value | ||
the company will recognize any subsequent loss but limit gains up to the original carrying value before remeasurement | ||
the company will recognize any subsequent loss but no gains for the difference between new fair value and prior year remeasured fair value | ||
the company cannot recognize any subsequent loss or gain |
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