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Clara decided to NOT give up her cigarette habit during her pregnancy.She was going through too many other changes,and quitting would just add to her stress,and she would try to cut down.What might she see in her child because of cigarette smoking during pregnancy?
Impairment Loss
A loss recognized in the financial statements when the carrying amount of an asset exceeds its recoverable amount.
Cost Model
An accounting approach that measures an asset based on its historical cost minus any accumulated depreciation and impairment losses.
Impairment
Reduction in the recoverable value of an asset below its carrying amount.
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