When the value of plant assets decline after acquisition,but before disposition,both GAAP and IFRS require companies to record those decreases as impairment losses.

Name: When the value of plant assets decline after acquisition,but before disposition,both GAAP and IFRS require companies to record those decreases as impairment losses.
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Both GAAP and IFRS require companies to record impairment losses when the value of plant assets decline after acquisition, but before disposition.

When the Value of Plant Assets Decline After Acquisition,but Before