The Following Information Was Taken from the Fixed Asset Records

question 26

Multiple Choice

The following information was taken from the fixed asset records of Bosco Ltd. as of December 31, 2010: $\begin{array}{llr}\text { Carrying value } & € 100,000 \\\text { Selling price } & € 85,000 \\\text { Costs of disposal } & € 3,000 \\\text { Expected future cash flows } & € 75,000 \\\text { Present value of expected future cash flows } & € 63,000\end{array}$
-Using IAS 36, what is the recoverable amount?

• A)€85,000
• B)€82,000
• C)€63,000
• D)€75,000

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Definitions:

Basilar Membrane

A key structure in the cochlea of the inner ear, which oscillates in response to sound and aids in the process of auditory transduction.

Tectorial Membrane

A structure found in the inner ear, part of the organ of Corti, which plays a critical role in the process of hearing by supporting hair cells that convert vibrations into nerve impulses.

Basilar Membrane

A structure in the cochlea of the inner ear that plays a key role in the sense of hearing by supporting the hair cells that convert sound vibrations into electrical signals.

Receptor Potential

A type of graded potential that occurs in special sensory neurons, representing the transduction of sensory stimuli into electrical signals.