View (A$35.00)

Active Asset Test

Active asset test - Business premises leased from connected entity (LMS_CO_010)


Description
After completing this course (watching this video, and reading the accompanying material) you will be able to:

1. Apply the definition of ‘active asset’ to determine whether a particular asset is one at a given point in time
2. Determine whether a particular asset passes the ‘active asset’ test
3. Identify the issues to consider when determining whether an asset held in an entity separate from the business entity satisfies the active test4. Identify the issues to consider when determining whether real property satisfies the active asset test

CPD Time: 30

Content
  • Video - Active asset test - Business premises leased from connected entity
  • Materials - Active asset test - Business premises leased from connected entity
  • Test - Active asset test - Business premises leased from connected entity
Completion rules
  • All units must be completed
Back