Which one of the following statements describes the subsequent measurement of non-current assets HFS under IFRS?
A
If the fair value less costs to sell of the HFS asset subsequently increases, the asset is not increased under any circumstances.
Depreciation continues to be taken after a non-current asset is classified as
B
HFS.
C
D
Once an asset has been classified as HFS, it can subsequently be written up to a maximum of what its original, non-impaired, depreciated value would have been at the date that it was classified as HFS had the pre-classification impairment not taken place.
If the fair value less costs to sell of the HFS asset changes in the future, the asset value is not changed.