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  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 4: An Overview of Accounting for Assets
  5. Question
    When an Asset's Recoverable Amount Is Less Than the Asset's
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When an Asset's Recoverable Amount Is Less Than the Asset's

Question 35

Question 35

True/False

When an asset's recoverable amount is less than the asset's cost,the asset's cost must be written down to recognise an impairment loss.

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