CAF-1 · Chapter 5 · Question 13 of 15
When calculating the value in use, which of the following should NOT be included in the estimated future cash flows?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Cash flows from financing activities and income tax receipts/payments.
Explanation
Estimates of future cash flows for value in use calculations strictly exclude cash inflows or outflows from financing activities and income tax.
More IAS 36 Impairment of Assets MCQs
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