Listed below are characteristics relating to two models used to test capital assets for impairment in value. For each of the following statements, identify the characteristic of the model being described. Requires the calculation of "value-in-use". Uses undiscounted cash flows in its determination of impairment. Applied only when events or circumstances change which causes management to believe an impairment may exist. The impairment loss will be equal to the recoverable amount less the net book value of the asset. Does not allow for any reversal of previously recognized impairment losses. Is the method used by companies reporting under IFRS. Choose.... Choose... Cost Recovery impairment Model Rational Entity Impairment Model Choose Choose... Choose... Choose... * " **