When assessing the impairment of goodwill, the recoverable amount of a cash-generating unit is the greater of its fair value less selling costs or its value in use.

Question

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The recoverable amount of a cash-generating unit is determined as the higher of its fair value less costs to sell and its value in use, according to accounting standards like IAS 36.

When Assessing the Impairment of Goodwill, the Recoverable Amount of a Cash-Generating