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Under IFRS: O loans and receivables should only be tested for impairment as a group. O it is always acceptable to use the direct write-off
Under IFRS: O loans and receivables should only be tested for impairment as a group. O it is always acceptable to use the direct write-off method. O the entry to record estimated uncollected accounts is the same as GAAP. O all financial instruments are recorded at fair value
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