Examlex
Find the matrix product when possible.
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Recoverable Amount Test
A financial assessment to determine the higher of an asset's fair value less costs of disposal and its value in use.
Fair Value
What is expected as profit from selling an asset or what is required as payment to transfer a liability in a smooth market transaction on the established measurement date.
Costs To Sell
Expenses directly associated with the disposition of an asset, including legal, broker's, and advertising fees, which can reduce the profit realized on the sale.
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