Which of the Following Is Used to Measure the Amount

question 29

Multiple Choice

Which of the following is used to measure the amount of the write-down that must be recognized on an impaired asset?

• A)Undiscounted total future cash inflows minus future outflows.
• B)Undiscounted future cash inflows minus the current carrying amount of the asset.
• C)Fair value of the asset minus the current carrying amount of the asset.
• D)Discounted total future cash inflows minus future outflows.