Accounting for property, plant, and equipment, intangible assets, and goodwill requires many estimates and the exercise of judgment by a company's management. What are some of the estimates and judgments that TELUS' management must make with respect to these assets? What are the challenges that TELUS' managers face when making these estimates and judgments (be specific-consider TELUS' business in your answer)? Is there any way that the judgment required could be reduced? What impact do estimates and judgment have on an entity's financial statements?
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