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  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
  4. Exam
    Exam 11: Depreciation, Depletion, Impairment, and Disposal
  5. Question
    A Company Must Include Impairment Disclosures in the Year of an Impairment
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A Company Must Include Impairment Disclosures in the Year of an Impairment

Question 40

Question 40

True/False

A company must include impairment disclosures in the year of an impairment write-down and the subsequent three years following to ensure comparability in reporting.

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