Long-term Operating Assets Departures from Historical Cost Test Bank

Long-term Operating Assets Departures from Historical Cost Test Bank and Assessment

This test bank and assessment is covering Long-term Operating Assets: Departures from Historical Cost Topic which is covered by Intermediate Accounting Module Students. With the help of this test bank set you will be able to assess your students on this topic. Long-term Operating Assets: Departures from Historical Cost Test Bank Set containing different types of questions such as:

• Multiple Choice questions;
• True/Falls questions;
• Open-ended questions;

Long-term Operating Assets: Departures from Historical Cost Test Bank will help you to assess following learning objectives of the students:

• Specify the categories of long-term operating assets tested for impairment.
• Describe and demonstrate the accounting for impairments of property, plant, and equipment and intangible assets with finite lives under U.S. GAAP.
• Explain and illustrate accounting for impairments of intangible assets with indefinite lives under U.S. GAAP.
• Explain and illustrate the accounting for goodwill impairments under U.S. GAAP.
• Describe and demonstrate the accounting for impairments of property, plant, and equipment, finite-life intangible assets, and indefinite-life intangible assets other than goodwill under IFRS.
• Explain and illustrate the accounting for goodwill impairments under IFRS.
• Detail required disclosures for impaired assets.
• Illustrate the accounting for long-term operating assets held for sale or disposal and describe the required disclosures for these assets.

Long-term Operating Assets: Departures from Historical Cost Test Bank and Assessment Set contains 157 questions which will fully cover assessment process on this topic and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank for Long-term Operating Assets: Departures from Historical Cost is in the WORD format which will let you make any adjustments if required.

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