The first step in determining whether an impairment has occurred is to estimate the future net cash flows expected from the use of that asset and its eventual disposition.

The term used to describe a team's ability to relocate is franchise decertification.

a. true b. false

The declaratory doctrine holds that the legal existence of a government happens automatically by operation of law whenever a government is capable of controlling a territory and its people

Indicate whether the statement is true or false