Question: Indicate whether the following statement is true or false: The recoverable amount for each class of asset is compared to the carrying amount for each

Indicate whether the following statement is true or false: The recoverable amount for each class of asset is compared to the carrying amount for each class of asset unless that class of asset forms part of a cash-generating unit, in which case the recoverable amount for that cash-generating unit is compared to the carrying amount for that cash-generating unit

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