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    Essentials of Accounting Study Set 3
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    Exam 8: Government-Wide Statements: Capital Assets; Long-Term Debt
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    An Asset May Be Considered Impaired If Either the Decline
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An Asset May Be Considered Impaired If Either the Decline

Question 40

Question 40

True/False

An asset may be considered impaired if either the decline in the service utility is unexpected or the amount of the decline in service utility is large.

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