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Under Accounting Guidance Issued by the FASB in 2017,a Goodwill

Question 52

True/False

Under accounting guidance issued by the FASB in 2017,a goodwill impairment loss will be recognized when the fair value of the reporting unit is less than its carrying value even if the difference is attributable to the fair value of other assets in the reporting unit being less than their respective carrying values.

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