CIMA F1 Question Answer
ST has an asset that was classified as held for sale at 30 June 20X4. The asset's carrying value was $230,000 and its fair value $210,000.
The cost of disposal was estimated to be $15,000.
In accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations, which of the following values should be used for the asset in the statement of financial position as at 30 June 20X4?
CIMA F1 Summary
- Vendor: CIMA
- Product: F1
- Update on: Sep 17, 2025
- Questions: 248
