Which of the following statements is false? Select one a. PPE and intangible assets are tested for impairment when there are indicators to suggest that an asset is impaired. b. Intangible assets carried on the cost model are recognised initially at cost. They are subsequently carried at cost less accumulated amortisation and impairment All investment property is tested for impairment when there are indicators to suggest that the property may be materially impaired. Material impairment losses should be disclosed separately, e. When PPE is derecognised, the difference between the asset's carrying value and selling price is the gain or loss on disposal