Entity G produces mousetraps and has for some time been the market leader. Its chief competitor, Entity
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Entity G produces mousetraps and has for some time been the market leader. Its chief competitor, Entity H has recently developed a new product that is widely acknowledged as being superior to entity G’s mousetrap.
Entity G’s management have not performed an impairment review on its plant on the grounds that the annual production and sales are ahead of budget.
Should entity G review its PPE for impairment?
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Related Book For 
Advanced Financial Accounting An International Approach
ISBN: 9780273712749
1st Edition
Authors: Jagdish Kothari, Elisabetta Barone
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