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Question 28 of the pre-march mock CGU impairment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Question 28 of the pre-march mock CGU impairment

  • This topic has 1 reply, 1 voice, and was last updated 1 year ago by AvatarP2-D2.
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  • March 2, 2025 at 10:35 am #715689
    Avatarlewilaptoper
    Participant
    • Topics: 3
    • Replies: 4
    • ☆

    In question 28 – calculating the new value of an item within the CGU. Why are current assets not included when weighting out the 100 loss?

    March 9, 2025 at 12:41 pm #716061
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7235
    • ☆☆☆☆☆

    I’ve not got the question to hand but presumably the current assets have already been considered in the original impairment assessment and are not impaired. There is likely to be something in the question that suggests this, plus inventory would be held at lower of cost and NRV, with receivables at their recoverable amount.

    Thanks

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