The same recoverability test that is used for impairments of property, plant, and equipment is used for impairments of indefinite-life intangibles.

a. true
b. false

Answer: b. false

Business

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Rationalized retailing and prototype stores are most likely to be used by _____

a. chains and franchises b. off-price chains c. warehouse stores d. factory outlets

Business

The following are actions that the FDA can take in regulating cosmetics except:

A) Removing from commerce cosmetics that contain unsubstantiated claims of growing hair. B) Prohibiting the distribution of misbranded cosmetics. C) Ordering sellers of ineffective products to provide purchasers with effective substitute. D) Requiring proper labeling.

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