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For goodwill impairment testing per U.S. GAAP, in Step 2 the fair value of a reporting unit's goodwill is calculated as: A. The fair value
For goodwill impairment testing per U.S. GAAP, in Step 2 the fair value of a reporting unit's goodwill is calculated as:
A. The fair value of the unit less its book value.
B. The fair value of the unit's identifiable net assets.
C. The fair value of the unit less the fair value of its identifiable net assets.
D. The fair value of the unit's total assets less the book value of its liabilities.
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