The Process of Discounting Future Cash Flows in Calculating the Recoverable

question 53

True/False

The process of discounting future cash flows in calculating the recoverable amount of an asset will result in a higher recoverable amount than if the cash flows are not discounted.

---

Definitions:

Flatness

A geometric tolerance that specifies the maximum allowable deviation of a surface from being perfectly flat.

Geometric Tolerance

The maximum permissible deviation in shape and location for a geometric element.

Characteristic Symbol

A symbol used in engineering drawings to represent the type of geometric characteristic that is being controlled by a geometric tolerance.

Symmetry

A characteristic where an object or design is evenly proportioned and balanced, such that it can be divided into matching halves by one or more axes.