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8.Goodwill impairment must be recognized when: a)recoverable amount exceeds the carrying value b)fair market value less disposal costs is less than carrying value c)present value

8.Goodwill impairment must be recognized when:

a)recoverable amount exceeds the carrying value

b)fair market value less disposal costs is less than carrying value

c)present value of future cash flows is less than carrying value

d)recoverable amount is less than carrying value

e) none of the above

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