An item of property , plant and equipment that qualifies for recognition as an asset shall be measured at

Related MCQs

• An entity must measure its Property, Plant and Equipment after initial recognition at,
• The cost of intangible asset at initial recognition is measured at its fair value when,
• Property, Plant and Equipment are defined as,
• Carrying amount of an asset as on 1st April 2015 is Rs. 1500000 and depreciation for the year 2015 – 2016 is 15000. Fair value of the asset less cost of disposal as on 31 March 2016 is Rs. 120000. Which of the following is the carrying amount at 1st April 2106?
• Adjustment of the carrying amount of an asset or liability or the consumption of an asset is defined as,
• When the recoverable amount of an asset is less than its carrying value in the statement of financial position, the asset is said to be
• Which of the following is not a minimum item on the face of the statement of comprehensive income?
• …………….is the residual interest in the asset of an entity after deducting all liabilities
• Which of the following asset is not coming under the scope of Ind AS 16?
• An intangible asset (other than goodwill) is,