alleryStart learning →An intangible still not available for use must be tested for impairment:
AEvery year, even with no sign
BOnce in every three years
COnly once it is in use
DOnly when a loss is indicated
Answer & Solution
Correct answer: A. Every year, even with no sign
Its ability to recover cost is highly uncertain before use, so an annual recoverable amount estimate is required regardless of indications.
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