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What is a unit plan and what are the key elements it must contain? Using a topic of your choice, explain the steps you would use in a conventional approach (i.e. not a backward design approach) to planning a unit of work on that topic.
Impairment
A decrease in the recoverable value of an asset below its carrying amount, leading to an adjustment in the value recorded on financial statements.
Goodwill
An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net tangible assets.
Impairment
A decrease in the recoverable value of an asset below its carrying amount, leading to a reduction in its recorded value on financial statements.
Investment in Grub
Specific reference to an investment made in a company known as "Grub", treated according to the investor's accounting method for such investments.
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