alleryStart learning →Prior recoverable amount may be reused if the margin was what?
AA substantial one
BA marginal one
CA nil margin
DA negative one
Answer & Solution
Correct answer: A. A substantial one
Reuse requires a substantial excess, unchanged assets and a remote likelihood of a lower recoverable amount.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
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