The Correct Answer Is "The Amount in The Statement of Financial Position After Accumulated Depreciation and Impairment Losses". IAS16 para 6 Defines The Carrying Amount
A The Lower of Its Carrying Amount and Its Recoverable Amount B The Higher of Its Carrying Amount and Its Recoverable Amount C The Lower of Its Carrying Amount
The Oakes Company Has A Loan Due For Repayment in Six Months' Time, But Oakes Has The Option To Refinance For Repayment Two Years Later. Oakes Plans To Refinance This Loan
A The Cost (Or An Amount Substituted For Cost) of The Asset Less Its Residual Value B The Amount at Which The Asset Is Recognized in The Statement of Financial Position
A An Excess of Equity Over Current Assets B Resources To Meet Financial Commitments As They Fall Due C The Residual Interest in The Assets of The Entity After Deducting All Its Liabilities