According to International Financial Reporting Standards (IFRS), the Impairment Loss

Multiple Choice

According to International Financial Reporting Standards (IFRS) , the impairment loss for property, plant, and equipment is the difference between book value and:

A) The undiscounted sum of estimated future cash flows.
B) The present value of future cash flows.
C) Fair value less costs to sell.
D) The higher of the present value of estimated future cash flows and the fair value less costs to sell.