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The determination of impairment losses differs under IFRS versus GAAP in that a. only GAAP compares the fair value to cost. b. only GAAP permits

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The determination of impairment losses differs under IFRS versus GAAP in that a. only GAAP compares the fair value to cost. b. only GAAP permits a value-in-use estimate. c. only IFRS permits a value-in-use estimate. d. only IFRS employs a disposal approach as a measure of fair value

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