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Exercises to improve familiarity with Guidance in ASC 820: cite the source for all responses. A company is performing an impairment test to assess whether

Exercises to improve familiarity with Guidance in ASC 820: cite the source for all responses.

A company is performing an impairment test to assess whether the recorded value of its manufacturing plant is recoverable. In what level of the fair value hierarchy should this measurement be classified?

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