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MC Question 18
Which of the following is NOT an indicator of impairment?
| A | Advances in the technological environment in which an asset is employed have an adverse impact on its future use |
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| B | An increase in interest rates which increases the discount rate an entity uses |
| C | The carrying amount of an entity’s net assets is higher than the entity’s number of shares in issue multiplied by its share price |
| D | The estimated net realisable value of inventory has been reduced due to fire damage although this value is greater than its carrying amount |