Under IAS 36, any necessary impairment charge will be equal to: A. Carrying value after depreciation at

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Under IAS 36, any necessary impairment charge will be equal to:

A. Carrying value after depreciation at the current balance sheet date less the lower of net selling price and value in use.

B. Carrying value after depreciation at the previous balance sheet date less the lower of net selling price and value in use.

C. Carrying value after depreciation at the current balance sheet date less the higher of net selling price and value in use.

D. Carrying value after depreciation at the previous balance sheet date less the higher of net selling price and value in use.

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Rashul Chutani

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