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Assets  that are classified  as held for distribution to owners are measured at?

a) fair value less costs to distribute.  b) lower of carrying amount and fair value less cost to distribute.  c) lower of  cost and market value less cost to sell.  d) lower of market value and cost. e) non of the above

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Question added by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial
Date Posted: 2014/05/09
SREEDEVI SUNILKUMAR
by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline

b) lower of carrying amount and fair value less cost to distribute. 

Rashad Moursi
by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial

Answer;

a) fair value less costs to distribute.

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