alleryStart learning →An intangible retired from use and held for disposal is carried at:
AFair value at each year end
BEstimated net disposal price
COriginal cost before amortisation
DCarrying amount on retirement date
Answer & Solution
Correct answer: D. Carrying amount on retirement date
It stays at the carrying amount on the date it is retired, and is tested for impairment at least at each year end.
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