According to the Text,one Reason Why More People Are Not

question 81

Multiple Choice

According to the text,one reason why more people are not actively protesting our current economic plight may be their feeling of______________-an individual's feeling of powerlessness and estrangement.

• A)class conflict
• B)alienation
• C)future shock
• D)the bourgeoisie syndrome

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Definitions:

Cost Model

An accounting approach that measures an asset based on its historical cost minus any accumulated depreciation and impairment losses.

Impairment

Reduction in the recoverable value of an asset below its carrying amount.

Recoverable Amount

The higher value between an asset's fair market value less costs to sell and its value in use.

AASB 136

The Australian Accounting Standards Board standard that deals with impairment of assets, requiring assets to be carried at no more than their recoverable amount.