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According to IAS 16/AASB 116, How Many of the Following

Question 40

Multiple Choice

According to IAS 16/AASB 116, how many of the following are factors contributing to the decline in an asset's future economic benefits?
Commercial obsolescence
Technical obsolescence
Wear and tear
Inflation


A) 1
B) 2
C) 3
D) 4

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