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Companies should test indefinite life intangible assets each year for what possibility? Impairment of the asset's value Recoverability of initial investment. The loss of indefinite

Companies should test indefinite life intangible assets each year for what possibility?

Impairment of the asset's value

Recoverability of initial investment.

The loss of indefinite life status.

Changes in GAAP treatment of similar intangible assets.

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