Question
The U.S. GAAP impairment test for equity method investments currently requires recognition of impairment losses when: a. Fair value is less than carrying value and
The U.S. GAAP impairment test for equity method investments currently requires recognition of impairment losses when:
a.Fair value is less than carrying value and the decline in value is other than temporary.
b.A significant loss event occurs.
c.Fair value is less than cost.
d.Carrying value exceeds the greater of market value or value-in-use.
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Handbook Of Energy Audits
Authors: Albert Thumann, Terry Niehus, William J. Younger
9th Edition
1466561629, 978-1466561625
