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Which of the following statements about cash-generating units (CGUs) are true? choices: ( select all answer that is appropriate) CGUS are the largest identifiable group
Which of the following statements about cash-generating units (CGUs) are true?
choices: ( select all answer that is appropriate)
CGUS are the largest identifiable group of assets to which an asset belongs
A CGU's carrying and recoverable amounts are determined by grouping the same assets and liabilities together
A CGU is always the same for all levels of impairment testing within a group structure
If goodwill is allocated to a CGU, that CGU should be impairment tested annually
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