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COGNITIVE ASSESSMENT Which of the following is not true about certification exams?
Impairment
A reduction in the recoverable value of an asset below its carrying amount on the balance sheet, leading to a write-down of its value.
Intangible Assets
Non-physical assets owned by a business that have a useful life, such as patents, trademarks, and copyrights.
Capitalised
Expenses or costs that are added to the cost basis of a fixed asset on a company's balance sheet, rather than being expensed immediately.
Extrusion System
A process used in manufacturing to create objects of a fixed cross-sectional profile by pushing material through a die of the desired cross-section.
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