A Non-Current Asset,for Example,a Building,has the Following Information Available for Valuation

question 2

Multiple Choice

A non-current asset,for example,a building,has the following information available for valuation at balance date:
Depreciable amount $50 000
Accumulated depreciation $10 000
Residual value $5 000
Recoverable amount $35 000
Value in use $80 000
Which amount should be the carrying amount of this asset at balance date?

• A) $5000
• B) $35 000
• C) $40 000
• D) $80 000

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Definitions:

Test-Retest Reliability

The consistency of a psychological test or assessment over time, measured by administering the same test to the same subjects at two different points in time.

Personality Dimensions

Fundamental traits or characteristics used to describe and differentiate individuals' personalities.

Reliability Correlation

A statistical measure that assesses the consistency and stability of a psychological test or measurement over time.

Median

A measure of central tendency in statistics, representing the middle value in a set of data when arranged in order.