A free trade agreement or treaty is a multinational agreement according to international law to form a free-trade area between the cooperating states
Answer:
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Explanation:
You can easily apply for loans and support funds both within and outside the country. It also grants you access to funding from the government and private sector.
<span>A. Once you finish making your budget, you should not change it.</span>
Answer:
The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.
Explanation:
Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.
Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>