Task Statements Are Written to Emphasize the Outcomes of a Work

question 86

True/False

Task statements are written to emphasize the outcomes of a work process, as well as describing how the task is expected to be performed.

Understand the calculation and accounting treatment of impairment losses under AASB 136.

Grasp the implications and accounting treatment of reversals of impairment losses.

Recognize the necessity for annual impairment tests on specific asset categories.

Master the calculation of value in use for a cash-generating unit.