CERTYNEX IFRS ACADEMY

The audit committee of Ostréa is reviewing the method for identifying CGUs. Which of the following statements are correct? (several answers)

A CGU necessarily corresponds to a legal entity or a subsidiary

Identifying the CGU of an asset involves judgement

The CGU of an asset always includes that asset

The entity may choose the level of grouping that minimises the impairment loss

If the recoverable amount of an individual asset can be estimated, there is no need to use its CGU to test it