Which is an external indication of impairment?
APhysical damage to the asset
BPlans to dispose of it early
CInternal operating losses on the asset
DNet assets above market capitalisation
Answer & Solution
Correct answer: D. Net assets above market capitalisation
Net assets exceeding market capitalisation is listed among the external sources, whereas damage, disposal plans and internal losses are internal sources.
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An enterprise applying AS 17 discloses impairment losses by:A revalued asset's market value basis and negligible disposal costs mean the asset is:For a small and medium-sized company, value in use may be measured by:Impairment of deferred tax assets is dealt with under:Disclosing key assumptions is:If recoverable amount is value in use, a material loss disclosure includes:A class of assets under AS 28 means a grouping of assets of:AS 28 disclosures of impairment losses are required for each: