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What do the conditions which must be satisfied in order for the sale of an asset to be deemed "highly probable" include?

a. Management is considering a plan to sell the asset b. The asset is being marketed at a price which greatly exceeds its fair value c. A completed sale is expected within five years d. None of the above

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Question added by Deleted user
Date Posted: 2013/08/28
Prince Ninan
by Prince Ninan , Audit Executive , Lewis & Pecker

Management is considering a plan to sell the asset

zaki Al-Hashmi
by zaki Al-Hashmi , مدير قسم المكتبة الطبية , المستشفى السلطاني

must be follow them and ask them about the services which are have them

Samir Nimbalkar
by Samir Nimbalkar , Office Assistant , Sangam Industries MIDC

During the third year, Delta Company realizes that the truck is only going to last a total of5 years. The truck is depreciated on the straight-line basis and has no estimated salvage value. At year3 the depreciation expense of the truck is: a/Twenty thousand b/Nine thousand . c/Eighteen thousand d/Twenty seven thousand.

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