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According to the Canadian Institute of Chartered Accountants (CICA)handbook,a Firm's

Question 45

Multiple Choice

According to the Canadian Institute of Chartered Accountants (CICA) handbook,a firm's goodwill is not necessarily amortized but it is subject to ________ at least once a year.


A) an impairment test
B) an impairment charge
C) an asset valuation
D) a capital asset valuation

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