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QUESTION

The determination of impairment losses differs under IFRS versus GAAP in that A) Only GAAP permits a value -in-use estimate B)Only IFRS employs a

The determination of impairment losses differs under IFRS versus GAAP in that

A) Only GAAP permits a value -in-use estimate

B)Only IFRS employs a disposal approach as a measure of fair value

C)only GAAP compares the fair value to cost

D)only IFRS permits a value-in-use estimate 

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