According to AASB 136 the Recoverable Amount of an Asset

question 41

Multiple Choice

According to AASB 136 the recoverable amount of an asset or cash-generating unit is the:

• A) lower of its fair value less costs of disposal and its value in use.
• B) lower of its fair value plus costs of disposal and its value in use.
• C) higher of its fair value less costs of disposal and its value in use.
• D) higher of its fair value plus costs of disposal and its value in use.

---

Definitions:

Ventricular Filling

The phase of the cardiac cycle in which the heart's ventricles fill with blood coming from the atria.

Atrial Contraction

The phase of the cardiac cycle in which the atria of the heart contract to pump blood into the ventricles.

QRS Complex

A series of three deflections in an electrocardiogram (ECG) representing the depolarization of the heart's ventricles before contraction.

Electrocardiogram

An Electrocardiogram (ECG) is a test that records the electrical activity of the heart to detect heart problems and monitor the heart's status.