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    Accounting Study Set 3
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    Exam 21: Non-Current Assets: Revaluation, Disposal and Other Aspects
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    Recoverable Amount Is The
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Recoverable Amount Is The

Question 49

Question 49

Multiple Choice

Recoverable amount is the:


A) higher of an asset's fair value less costs to sell, and its value in use.
B) amount expected to be received from the disposal of the asset.
C) amount expected to be recovered from the use of the asset.
D) trade-in or expected amount to be received from the disposal of the asset.

Correct Answer:

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