Question: (a) Explain what is meant by a non-current asset held for sale and list the criteria which must be satisfied in order for an asset

(a) Explain what is meant by a non-current asset "held for sale" and list the criteria which must be satisfied in order for an asset to be classified as held for sale.

(b) Explain why it is not appropriate to measure non-current assets held for sale in the same way as non-current assets held for use.

(c) Explain how non-current assets held for sale should be measured.

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