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Hello Sir greetings,
I have a question.
Suppose there are 3 CGUs and there is also a corporate asset. The corporate asset needs to be allocated to those CGUs.
The carrying amount as well as useful life of CGUs is given.
My question is, Should we allocate the carrying amount of corporate asset on the basis of useful life or carrying amount of CGUs?
Will it be worng if we allocate on the basis of carrying amount?
Thank you,
Impairment of assets is not examinable in AA so I think you are asking in the wrong forum.
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