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    Intermediate Accounting Study Set 1
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    Exam 12: Intangible Assets and Goodwill
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    Which of the Following Is the Impairment Test for Indefinite-Life
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Which of the Following Is the Impairment Test for Indefinite-Life

Question 89

Question 89

Multiple Choice

Which of the following is the impairment test for indefinite-life intangibles?


A) recoverability test and then fair value test
B) fair value test and then recoverability test
C) recoverability test
D) fair value test

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