alleryStart learning →Impairment of assets of a discontinuing operation follows which standard?
AAS 10
BAS 12
CAS 14
DAS 28
Answer & Solution
Correct answer: D. AS 28
AS 28 on impairment of assets governs measuring any impairment loss on the component's assets.
Keep practising 3b AS 24 Discontinuing Operations
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Related questions
Assets of Rs. 85 lakhs and liabilities of Rs. 15 lakhs give net assets ofAssets carried at Rs. 105 lakhs have a recoverable amount of Rs. 85 lakhs. The impairment The aim of AS 24 is to separate information on discontinuing operations fromAS 24 cash flow requirements apply only when the enterpriseInterim report disclosures on discontinuing operations followComparative figures after the initial disclosure event must beDisclosures under AS 24 are presented separately forThe effect of abandoning a plan includes reversal of any prior