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How is ppe initially measured

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Reference no: EM132531074

Referring to International Accounting Standard (IAS) 16 - Property, Plant and Equipment (PPE) and please answer the following questions:

Question 1) How is PPE initially measured?

Question 2) What is the recognition criteria for PPE?

Question 3) What does IAS 16 state about the choice of depreciation method?

Question 4) Should PPE still be depreciated even when it is idle?

Reference no: EM132531074

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