Question: The rational entity impairment model O does not allow the reversal of previously recognized impairment losses. uses undiscounted cash flows in its determination of

The rational entity impairment model O does not allow the reversal of

The rational entity impairment model O does not allow the reversal of previously recognized impairment losses. uses undiscounted cash flows in its determination of impairment. O is the method used under ASPE. O compares the asset's carrying value with its recoverable amount.

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