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Impairment occurs when: a)None of the other alternatives are correct b)the carrying value of the assets exceed the fair value of the net assets c)the

Impairment occurs when:

a)None of the other alternatives are correctb)the carrying value of the assets exceed the fair value of the net assetsc)the carrying value of the net assets exceed the fair value of the net assetsd)the fair value of the net assets is exceeds the carrying value of the net assetse)the fair value of the net assets and the carrying value of the net assets are equal

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