IFRS allow firms the option to perform a qualitative assessment to evaluate possible goodwill impairment based on a great than 50% likelihood that a cash-generating unit's fair value is less than its carrying amount.

a. true
b. false

Answer: b. false

Business

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Which of the following statements is true?

a. The assignee acquires the same rights as the assignor. b. The right to work for someone cannot be assigned without permission. c. An assignment usually requires no special form. d. All of these.

Business

Compare the four types of products in the societal classification of products. Provide examples of each type to illustrate your answer

What will be an ideal response?

Business