Question: 1) TRUE / FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) Impairment losses on intangible assets are

1) TRUE / FALSE. Write 'T' if the statement is true

1) TRUE / FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) Impairment losses on intangible assets are to be amortized over the asset's remaining useful life 2) Impairment tests are required for all investments except those designated FVTPL 2) 3) Held-for-sale capital assets are not depreciated. 4) When fair-value is not determinable, investments may be carried at cost. 5) It is not possible to have control over another company without owning at least half of the outstanding voting shares. 3) I. 5)

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