The 'CGU' is the smallest identifiable group of assets that: MCQ with Answer and Explanation

Explanation:
The net profit method uses a multiplier on average profits, not super profits. Capitalisation of super profits is different.

Explanation:
Secret reserves are created by undervaluing assets or overvaluing liabilities, which reduces reported profits and hides the true financial position.

Explanation:
The Degree of Operating Leverage (DOL) measures the sensitivity of EBIT to changes in sales. It is calculated as Contribution divided by EBIT (Earnings Before Interest and Taxes).