美国CPA模拟试题：固定资产减值（四）

来源: 正保会计网校编辑： 2015/01/12 13:55:44　字体：大小

　　为了帮助参加2015年美国cpa考试的学员巩固知识，提高备考效果，正保会计网校特为大家整理了美国CPA考试模拟试题，希望帮助广大考生一起学习一起进步。

A fixed asset on the Ledger Company's books had the following associated values for the current year：

for the current year:
Carrying value $ 12,500
Fair value 11,200
Costs to sell 600
Present value of future cash flows 10,950

What amount will Ledger's Controller book as an impairment loss under IFRS for the current year?

a. $1,900

b. $250

c. $1,550

d. $1,300

Explanation

Choice "c" is correct. Under IFRS, the impairment loss is recognized as the difference between the carrying value ($12,500) and the recoverable amount. The recoverable amount is the greater of the fair value of the assets less cost to sell ($11,200 - $600 = $10,600) and the asset's value in use (otherwise known as the present value of future cash flows, or $10,950). The carrying value of $12,500 less the recoverable amount of $10,950 equals an impairment loss of $1,550.

Choice "b" is incorrect. This calculation incorrectly subtracts the present value of future cash flows from the fair value.

Choice "d" is incorrect. This choice incorrectly takes the carrying value of $12,500 and subtracts from it the fair value without taking into account the costs to sell.

Choice "a" is incorrect. This choice incorrectly subtracts a recoverable amount based on the lower (rather than the higher) of the two values: fair value less costs to sell versus present value of future cash flows.

【我要纠错】责任编辑：小敏

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