Question: What is true about asset impairment? a . Both U . S . GAAP and IFRS does not allow impairment reversal. b . U .
What is true about asset impairment?
a Both US GAAP and IFRS does not allow impairment reversal.
b US GAAP does not allow impairment reversal, IFRS allow impairment reversal
c US GAAP allow impairment reversal, IFRS does not allow impairment reversal
d Both US GAAP and IFRS allow impairment reversal.
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