alleryStart learning →Value in use under Ind AS 36 is best described as which of these?
APrice in an orderly sale
BCost less accumulated charges
CInsured value of the asset
DPresent value of future cash flows
Answer & Solution
Correct answer: D. Present value of future cash flows
Value in use discounts the future cash flows the entity expects to derive from the asset or unit.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
Browse all Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets questions for CA Final, or explore more Financialreporting topics.
Related questions
With no active market now, a revalued intangible is carried at what?Prior recoverable amount may be reused if the margin was what?Acquired intangibles that cannot be recognised separately go where?Costs of an entity's own website at the planning stage are treated how?The best estimate of a recognised website's useful life should be what?A website from development is recognised only if it meets what?To assess impairment of an intangible asset, which Ind AS is applied?How may a nominal-cost government grant intangible be measured?