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Which one of the following statements best describes the treatment of non-monetary, non-reciprocal transfers to owners from restructuring or liquidation? A Non-monetary transfers to owners
Which one of the following statements best describes the treatment of non-monetary, non-reciprocal transfers to owners from restructuring or liquidation? A Non-monetary transfers to owners as part of restructuring or liquidation are measured at the carrying amount of the non-monetary assets or liabilities transferred. B The disposal of assets transferred to owners will result in a gain or loss. C Non-monetary transfers to owners as part of restructuring or liquidation are measured at the fair value of the non-monetary assets or liabilities transferred. D There will be a gain or loss on the disposal of assets transferred to owners equal to the difference between the carrying value and fair value of the assets transferred
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