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If lung disease results in an arterial PO₂ of 80 mmHg,the total amount of oxygen carried by the blood is 20% below normal.
AASB 136
The Australian Accounting Standards Board standard related to the impairment of assets, requiring testing for impairment to ensure asset values are not overstated.
Impairment Losses
Financial write-downs recognized when the carrying amount of an asset exceeds its recoverable amount, indicating that the asset has suffered a decline in value that is not recoverable.
Accumulated Impairment
The total sum of impairment losses recognized on an asset, reducing its carrying amount on the balance sheet.
Impairment Losses
Impairment losses are accounted for when the carrying value of an asset exceeds its recoverable amount, indicating that the asset is not expected to generate sufficient future economic benefits.
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