Question: IFRS has nothing to do with recording long - lived assets allows only one method of depreciation divides the cost of an asset among its

IFRS
has nothing to do with recording long-lived assets
allows only one method of depreciation
divides the cost of an asset among its significant component parts and depreciates the components separately over their useful lives
simplifies record-keeping by combining many assets into a single asset class and depreciating the asset class as if it were a single asset
IFRS has nothing to do with recording long -

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