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    Intermediate Accounting Study Set 3
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    Exam 3: Statements of Income and Comprehensive Income
  5. Question
    After an Asset Held for Sale Has Been Written Down
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After an Asset Held for Sale Has Been Written Down

Question 74

Question 74

True/False

After an asset held for sale has been written down, it must written back if its fair value less costs to sell subsequently increases under IFRS.

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