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An indefinite lived intangible asset is Optional Answers: 1. Is amortized over the lessor of the useful or legal life 2. Not amortized and not

An indefinite lived intangible asset is Optional Answers: 1. Is amortized over the lessor of the useful or legal life 2. Not amortized and not tested for impairment/loss of value 3. Not amortized but tested for impairment/loss of value 4. Not recorded on the financial statements

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