The Paradox of Authority Means That as Soon as a State

question 86

Multiple Choice

The paradox of authority means that as soon as a state uses force to enforce its rules,legitimate authority is lost because:

• A) people aren't listening.
• B) people are living in fear.
• C) people lose faith.
• D) the force becomes more important than the state.

---

Definitions:

Impairment

Reduction in the recoverable value of an asset below its carrying amount.

Recoverable Amount

The higher value between an asset's fair market value less costs to sell and its value in use.

AASB 136

The Australian Accounting Standards Board standard that deals with impairment of assets, requiring assets to be carried at no more than their recoverable amount.

Value In Use

The present value of the future cash flows expected to be derived from an asset, used in impairment testing.