Choose the best answer to complete the following statement: The impairment test for an asset or asset group under ASC 360 utilizes... OA. the fair value of the asset or asset group OB. the sum of undiscounted cash flows for the asset or asset group OC. the historical cost for the asset or asset group O D. the settlement amount for the asset or asset group QUESTION 2 Which of the following statements best describes the "Terminal Value" that may be calculated in applying the discounted cash flow method? O A. The Terminal Value relates to the value of cash flows for an indefinite period (sometimes referred to as being "in perpetuity") beyond the discrete forecast period. O B. The Terminal Value is only associated with the calculation of value for airport authorities, port authorities, rail stations and bus terminals. OC. The Terminal Value represents the value associated with the discrete forecast period provided in a five year forecast. O D. The Terminal Value is only calcuated when applying the discounted cash flow method to the valuation of finite-lived intangible assets. QUESTION 3 Which of the following statements is not a measurement attribute in financial accounting? OA. Net realizable value O B. Fair Value OC. Historical cost OD. Investment value E. Settlement amount