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What is "value in use" of an asset?

What is the value of use of an asset??

Financial Reporting IFRS
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Question added by Irfan Hashim , ACCOUNTANT , CHOICE MODERN LIFESTYLE
Date Posted: 2014/07/13
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Hujat Ullah Khan
by Hujat Ullah Khan , Group Financial Controller , SAED Alraeda Group

The net present value of cash flows of future benefits that asset can generate including its disposal value.

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