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When an asset is held for sale, the asset is Select one: a. remeasured to the lower of its carrying value and replacement value. b.

When an asset is held for sale, the asset is

Select one:
a.

remeasured to the lower of its carrying value and replacement value.

b.

presented separately as held for sale in the balance sheet.

c.

depreciated until sold.

d.

carried at its remeasured value until sold (subsequent gains cannot be recognized)

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