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The major justification for adding a qualitative test to the U.S. GAAP impairment test for intangibles is that it: A. Reduces the fee paid to
The major justification for adding a qualitative test to the U.S. GAAP impairment test for intangibles is that it:
| A. | Reduces the fee paid to outside auditors |
| B. | Enhances the accuracy of the estimated impairment loss |
| C. | Saves money spent estimating fair values |
| D. | Results in more timely recognition of impairment losses |
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