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If an asset is to be classifed as held for sale, which of the following conditions does NOT apply? It is probable that the asset
If an asset is to be classifed as held for sale, which of the following conditions does NOT apply?
It is probable that the asset will be sold within one year.
The sale has been authorized by the company's management.
Changes to the sale plan are likely.
O There is an active program to find a buyer.
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
16th Edition
78110939, 978-0078110931
