ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 236

c. fair value and the expected future net cash flows.

d. book value and its fair value.

49. The recoverability test is used to determine any impairment
loss on which of the following types of intangible assets?

a. Indefinite life intangibles other than goodwill.