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When Conducting an Impairment Test, a Company Must Estimate

Question 112

Multiple Choice

When conducting an impairment test, a company must estimate


A) future cash inflows from its use of the asset and eventual sale.
B) future net cash flows from its use of the asset and eventual sale.
C) total net flows from its use of the asset and eventual sale.
D) total cash from its use of the asset and eventual sale.

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