CERTYNEX IFRS ACADEMY

Which of the following statements about the level at which the recoverable amount is estimated are correct? (several answers)

When there is an indication, the recoverable amount is first estimated for the individual asset

If that estimate is impossible, the recoverable amount is determined for the CGU to which the asset belongs

An asset without largely independent cash inflows is always tested within its CGU, even if its value in use can be estimated to be close to its fair value less costs of disposal

An asset whose use generates significant cash flows and which does not produce independent inflows is tested at the level of its CGU

When the recoverable amount of an individual asset cannot be estimated, no impairment test is required