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According to IAS 16/AASB 116, how many of the following are factors contributing to the decline in an asset's future economic benefits?
Commercial obsolescence
Technical obsolescence
Wear and tear
Inflation
Corporate Ethics Codes
Guidelines set by businesses to outline acceptable behaviors and decision-making processes for employees and management to uphold integrity and responsibility.
Increased Globalization
The process of interaction and integration among people, companies, and governments worldwide, leading to increased connectivity and interdependence.
Development
The process of growth, progress, or improvement in a society, organization, or individual, often measured in economic, social, or technological terms.
PRSA Professional Values
Ethical values promoted by the Public Relations Society of America, including advocacy, honesty, expertise, independence, loyalty, and fairness.
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