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    Business
  3. Study Set
    Accounting Business Reporting Study Set 1
  4. Exam
    Exam 6: Statement of Profit or Loss and Statement of Changes in Equity
  5. Question
    An ______________ Expense Is Recognised When the Value of an Asset
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An ______________ Expense Is Recognised When the Value of an Asset

Question 6

Question 6

Short Answer

An ______________ expense is recognised when the value of an asset is determined to be lower than its carrying amount.

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