Which of the Following Was Not Used to Great Extent

question 27

Multiple Choice

Which of the following was not used to great extent during the First World War?

• A) Trench warfare
• B) Cluster bombs
• C) Barbed wire
• D) Machine guns

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Definitions:

Future Cash Flows

are the estimated amounts of money expected to be received or paid out by a business over future periods as a result of its operational activities.

AASB 136

The Australian Accounting Standards Board standard concerning the impairment of assets, requiring entities to ensure that asset carrying values are not more than their recoverable amounts.

Value In Use

The current worth of the anticipated future cash flows from an asset or a unit that generates cash.

Future Cash Flows

Estimated monetary gains or losses that will be realized by an entity in the future.