When assessing the recoverable amount of assets that have previously been subject to an impairment loss, which of the following indicators assist in providing external evidence that an impairment loss has reversed:

A) a decrease in market interest rates during the period.
B) a significant decrease in the asset's market value during the period.
C) an adverse effect on the entity from significant changes that have taken place.
D) internal reporting sources indicate that the economic performance of the asset will not be as good as expected.

Question

Shaik Abdul · Accepted Answer

Final Answer : A, Explanation :  A decrease in market interest rates can lead to an increase in the present value of future cash flows from an asset, which may indicate a reversal of a previously recognized impairment loss.

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