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Which question arises at the time property, plant, and equipment is derecognized? ' Question content area bottom Part 1 A. Have the criteria for commercial

Which question arises at the time property, plant, and equipment is derecognized? '

Question content area bottom Part 1

A. Have the criteria for commercial substance been met?

B. When should the asset be removed from the balance sheet?

C. When should the impairment be recorded in the income statement?

D. Should the transaction be recorded at fair value or book value?

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