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Under U.S. accounting rules (generally accepted accounting principles), an asset is impaired when: The asset's cost is less than the book value The asset's future

Under U.S. accounting rules (generally accepted accounting principles), an asset is impaired when: The asset's cost is less than the book value The asset's future cash inflows are less than the book value The asset's fair value is less than the book value The asset's market value is less than the book value

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