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The asset impairment rules under ASC 932-360-35-11 should be applied to the oil and gas assets of: the successful companies only. the full cost companies
The asset impairment rules underASC 932-360-35-11should be applied to the oil and gas assets of:
- the successful companies only.
- the full cost companies only.
- both the successful and the full cost companies.
- either the successful or the full cost companies.
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