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    Financial Accounting
  4. Exam
    Exam 6: Acquisition and Use of Long-Term Assets
  5. Question
    Under USGAAP,when Assets Are Written Down Because of Impairment,the Impairment Losses
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Under USGAAP,when Assets Are Written Down Because of Impairment,the Impairment Losses

Question 130

Question 130

True/False

Under U.S.GAAP,when assets are written down because of impairment,the impairment losses cannot be reversed even if conditions change.

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