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Which of the following illustrates the recoverability test? Expected future cash flows - Carrying value of intangible asset = Impairment Loss Expected future cash flows

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Which of the following illustrates the recoverability test? Expected future cash flows - Carrying value of intangible asset = Impairment Loss Expected future cash flows = No impairment Carrying value of intangible asset Fair value of intangible asset = Impairment loss Expected future cash flows > Carrying value of intangible asset = No impairment

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