Impairment of operational assets
Explain impairment of operational assets? How do we find out if an impairment exists? How do we compute the impairment loss? Goodwill impairment has special accounting rules. Please analyze SFAS No. 142 and its provisions relative to goodwill.
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Please explain cost allocation for operational assets. Explain the various time-based and activity-based methods employed to allocate these costs?
Explain impairment of operational assets? How do we find out if an impairment exists? How do we compute the impairment loss?
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Let's begin by defining operational assets and identifying what they are used for in a business. Also, how do operational assets differ from other types of assets?
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