Question
Indicate whether you would expect the following accounts to be (1) measured at fair value, (2) tested for impairment at fair value, or (3) measured
Indicate whether you would expect the following accounts to be (1) measured at fair value, (2) tested for impairment at fair value, or (3) measured on some other basis. Explain.
Cash and equivalents
Investment securities
Current receivables
Inventories
Property, plant and equipment
Investment in GECS (assume is an equity-method investee)
Goodwill
Other intangible assets
Assets of businesses held for sale
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
