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How often the company needs to apply an impairment test

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Reference no: EM132762123

Problem 1: In setting up its systems to apply AASB 136 Impairment of assets, management of Mildura Ltd. wants to know how often the company needs to apply an impairment test on its assets? The management also wants to know if any assets require annual impairment test? How to respond

Reference no: EM132762123

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