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    Intermediate Accounting IFRS Study Set 1
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    Exam 12: Intangible Assets
  5. Question
    If the Recoverable Amount of an Indefinite-Life Intangible Other Than
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If the Recoverable Amount of an Indefinite-Life Intangible Other Than

Question 65

Question 65

True/False

If the recoverable amount of an indefinite-life intangible other than goodwill is less than its carrying value, an impairment loss must be recognized.

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