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What would happen differently if the qualitative assessment indicated an impairment was less likely than not? a. No quantitative assessment would be performed and no
What would happen differently if the qualitative assessment indicated an impairment was less likely than not?
a.
No quantitative assessment would be performed and no impairment would be recorded.
b.
Amortization would be recorded instead of impairment.
c.
The entire goodwill amount would be written off.
d.
Nothing would be different; impairment would be recorded if the quantitative assessment indicated that it should.
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