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Testing for possible impairment of a long-lived asset (asset group) that an entity expects to hold and use is required A. At each interim and

Testing for possible impairment of a long-lived asset (asset group) that an entity expects to hold and use is required

A. At each interim and annual balance sheet date.

B. At annual balance sheet dates only.

C. Whenever events or changes in circumstances indicate that its carrying amount may not be recoverable.

D. Periodically.

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