Examlex
According to Piaget
Revaluation Decrement
The process of decreasing the recorded value of an asset to reflect its current market value, often recognized in financial reporting.
Cash-Generating Unit
The smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
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.
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