Examlex
All of the following are TRUE about the minipill,EXCEPT that
Impairment Loss
The amount by which the carrying amount of an asset exceeds its recoverable amount.
Net Carrying Amount
The value at which an asset is recognized on the balance sheet after deducting accumulated depreciation and impairment losses.
Impairment Loss
A loss recognized in the financial statements when the carrying amount of an asset exceeds its recoverable amount.
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