In testing for impairment of an operational asset, an impairment loss is required if the...
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Accounting
In testing for impairment of an operational asset, an impairment loss is required if the OAsset's book value exceeds the expected future cash flows. Present value of expected future cash flows exceeds its carrying value. Expected future cash flows exceeds the asset's book value. 0 Asset's book value exceeds the present value of its expected future cash flows
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