Q 4 A long - lived tangible asset is impaired when a company is not able to
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Q A longlived tangible asset is impaired when a company is not able to recover the assets carrying amount either through using it or by selling it The management to identify whether the asset has impairment or no impairment conducts an impairment test.
Explain how the impairment test conducted in both situations with numerical examples. Mark important to provid numerical example
Related Book For
Project Management The Managerial Process
ISBN: 9781260570434
8th Edition
Authors: Eric W Larson, Clifford F. Gray
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