Question: When a tangible asset is measured using the cost model, an impairment loss is: a. included in the balance of the accumulated depreciation and impairment

When a tangible asset is measured using the cost model, an impairment loss is:

a. included in the balance of the accumulated depreciation and impairment losses account for that asset.

b. recognised directly in equity.

c. accumulated in a separate accumulated impairment losses account.

d. set off against the balance of revenue.

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