Recoverability Test Impairment Occurs Asset Sold B Based Discounted Present Value Future Q17772768

A recoverability test for impairment A. only occurs when theasset is sold. B. is based on the discounted present value of thefuture cash flows from the asset. C. identifies the writeminus−upvalue. D. requires SEC approval. E. establishes that the asset isimpaired.
 
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