Value in use is:
A) amount obtainable from disposal of an asset excluding any selling costs;
B) initial cost of an asset less any expected disposal costs;
C) incremental costs directly attributable to disposal of an asset;
D) the present value of future cash flows expected to be derived from an asset.

Question

Quizplus · Accepted Answer

Value in use refers to the present value of future cash flows expected to be derived from an asset. It is the value that an asset is expected to provide to its owner as a result of its use.

Value in Use Is