Examlex
Research on the direction of influence and the effectiveness of various influence techniques indicates
Impairment Tested
Impairment testing is the process of evaluating assets to determine if their carrying value exceeds the recoverable amount, indicating a need for impairment charges.
Amortized
The process of gradually writing off the initial cost of an asset over a period according to a fixed plan.
Impairment Loss
The amount by which the carrying value of an asset exceeds its recoverable amount.
Assets
Resources owned or controlled by a business from which future economic benefits are expected.
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