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In the USA, ASC para. 360- 10-35 provides guidance with respect to impairment for identifiable intangibles assets with limited life. (a) How many steps are

In the USA, ASC para. 360- 10-35 provides guidance with respect to impairment for identifiable intangibles assets with limited life.

(a) How many steps are involved?

(b) Please explain what is involved in each step.

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