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The impairment loss for an asset that a company intends to holdand use is the difference between? a. Assets book value and its lower fair

The impairment loss for an asset that a company intends to holdand use is the difference between?

a. Assets book value and its lower fair value

b. Assets book value and its fair value

c. Present value of discounted cash flows and the book value

d. Asset’s fair value and the present value of the discountedcash flow

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