Question: Q:Question:VALUE IN USE ?? Management is assessing the future cash flows in relation to an entity's assets, and considers that there are two possible scenarios

Q:Question:VALUE IN USE ?? Management is assessing the future cash flows in relation to an entity's assets, and considers that there are two possible scenarios for future cash flows. The first, for which there is a 70 % probability of occurrence, would provide future cash flows of $ 5 million. The second, which has a probability of occurrence of 30 %, would provide future cash flows of $ 8 million. Management has decided that the calculation of valueA:Answer:Evaluation of Management decisions: In the given c...

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