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10 Testing intangible assets with indefinite useful lives for impairment: occurs every year. occurs when only there has been an indication of an impairment in

10 Testing intangible assets with indefinite useful lives for impairment: occurs every year. occurs when only there has been an indication of an impairment in the value of the asset such as a reduction in cash flow generation, idle assets, etc. never occurs because the asset has an indefinite useful life. occurs whenever required by the company's auditors

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