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    Business
  3. Study Set
    Intermediate Accounting
  4. Exam
    Exam 11: Intangible Assets
  5. Question
    When Determining the Impairment, If Any, of Goodwill, the Fair
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When Determining the Impairment, If Any, of Goodwill, the Fair

Question 7

Question 7

True/False

When determining the impairment, if any, of goodwill, the fair value of the reporting unit should be compared to its carrying amount including goodwill.

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