Shelley Beach Plc Has One Cash Generating Unit (CGU)and It

question 39

Multiple Choice

Shelley Beach Plc has one cash generating unit (CGU) and it has been determined that the CGU has incurred an impairment loss of £80 000 for the year ended 30 June 2014. The carrying amounts of the assets as at 30 June 2014 are as follows: $$\begin{array} { | l | r | } \hline & \text { Carrying amount } \\\hline \text { Buildings } & 300000 \\\hline \text { Equipment } & 300000 \\\hline \text { Goodwill } & 20000 \\\hline \text { Total } & \underline { 620000 } \\\hline\end{array}$$ In accordance with IAS 36 Impairment of Assets,what should be the carrying amounts for buildings,equipment and goodwill as at 30 June 2014,respectively?

• A)£240 000; £300 000; £0
• B)£260 000; £260 000; £20 000
• C)£270 000; £270 000; £0
• D)£300 000; £300 000; £20 000

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Definitions:

Personality Development

The gradual and ongoing process of change in personality characteristics, influenced by biological, social, and environmental factors throughout an individual's life.

Caspi

Refers to Avshalom Caspi, a psychologist known for his work in life-course developmental psychology, notably linking genetic factors to behavioral outcomes.

Plasticity Principle

The concept that the brain is capable of changing and adapting in response to experience, learning, or injury, throughout a person's life.

Person-Environment Transactions

The dynamic and reciprocal interaction between an individual and their environment, shaping and being shaped by it.