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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 — non-current assets held for sale are measured at lower of carrying amount and fair value less costs to sell.

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