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      Question

      Which method is typically used to value non-current

      assets held for sale?
      A Historical cost only Correct Answer Incorrect Answer
      B Lower of carrying amount and fair value less costs to sell Correct Answer Incorrect Answer
      C Replacement cost Correct Answer Incorrect Answer
      D Net realisable value only Correct Answer Incorrect Answer
      E Present value of future cash flows Correct Answer Incorrect Answer

      Solution

      Ind AS 105 β€” non-current assets held for sale are measured at lower of carrying amount and fair value less costs to sell.

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