Question: Assets intended to be held and used for productive purposes may suffer from impairment in each of the following circumstances except a. A change in

Assets intended to be held and used for productive purposes may suffer from impairment in each of the following circumstances except

a. A change in the way the assets are used or physical change in the assets.

b. Asset costs incurred exceed the original amounts planned.

c. Discounted expected future cash flows and interest charges are less than the carrying amount of the assets.

d. A significant adverse change in legal factors that might affect the assets’ fair value.

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