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Which of the following represents an event that indicates an asset's book value may be impaired? A significant adverse change in how the asset is
Which of the following represents an event that indicates an asset's book value may be impaired?
A significant adverse change in how the asset is being used or in its physical condition.
A significant adverse change in legal factors or in the business climate.
A realization that the asset will be disposed of significantly before the end of its estimated useful life.
All of these answer choices are correct.
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