At Reporting Date,the Carrying Amount of a Cash-Generating Unit Was

question 16

Multiple Choice

At reporting date,the carrying amount of a cash-generating unit was considered to be have been impaired by $800.The unit included the following assets: Land $4000; Plant $3000; Goodwill $1000.The carrying amount of Goodwill after the impairment loss is allocated is:

• A)$0
• B)$200
• C)$900
• D)$1000.

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Definitions:

Translation

The biological process of synthesizing proteins from messenger RNA sequences in the ribosomes.

tRNA Triplet

A trio of nucleotides in transfer RNA that matches a complementary codon in messenger RNA during the formation of proteins.

mRNA

Messenger RNA, a form of RNA, carries genetic instructions from DNA to the ribosome, indicating the order of amino acids for the protein products resulting from gene expression.

Collagen Protein

A major structural protein found in the skin, bones, and connective tissues of animals, essential for providing strength and elasticity.