Start learning →

If a sale is expected to occur beyond one year, the costs to sell are measured at:

ADiscounted present value
BUndiscounted amount
CHalf the estimated cost
DThree-year average
Answer & Solution
Correct answer: A. Discounted present value
A sale beyond one year means the time value of money matters, so costs to sell are discounted to present value.
Practise this question with Quill — CA Final →

Keep practising Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations

Browse all Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations lesson →
Related questions