Which of the following statements relating to the measurement of non-current assets is FAL.SE? A decrease in the estimated usetul life of an item of property, plant and equpment will resul in a decreased anrual deprociation charge A business paid for specialised software to be developed to be used to generate future revenues for the butiness. This would be recogrised as an intangitie asset ard amortised over an appropriate period. A bus company has incorrectly charged the cost of replacement engines as repars when this cost should have been capialised. Correcting this erter wil reduse repars expense this year and increase the depreciation expense this year and in future years. If the sale proceeds of a vohicle are lower than its carrying amount at disposal, this indicates that the depeeciaton charged to the income statement in previous yearn should have been higher. Land is not being depreciated but severe and recurring fooding of Plot A has caused the value of this plot to fall by raco.0c0. This amount will be an inpairment expenselioss on the income statement