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An Impairment Loss Will Be Recognised in the Group Accounts

Question 28

Multiple Choice

An impairment loss will be recognised in the group accounts when non current assets are sold at a loss on an intra-group basis when:


A) value in use is greater than carrying amount
B) value in use is less than carrying amount
C) value in use is greater than sale price
D) value in use is less than sale price

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