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question . Which of the following best describes impairment of indefinite-life intangible assets other than Goodwill Group of answer choices First test for recoverability, then

question . Which of the following best describes impairment of indefinite-life intangible assets other than Goodwill

Group of answer choices

First test for recoverability, then compare book value to fair value to determine the impairment loss

There is no test for recoverability. Compare book value to fair value to determine any impairment loss

There is no test for recoverability. Compare book value to original cost to determine any impairment loss

First test for recoverability, then compare book value to original cost to determine the impairment loss

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