When estimating the cash flows for impairment purposes regarding its complete asset, a successful cost...
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Accounting
When estimating the cash flows for impairment purposes regarding its complete asset, a successful cost oil company should include cash outflows associated with future expenditures:
A. necessary to maintain an assets existing service potential.
B. that would increase the long-lived assets service potential.
C. which substantially improve the useful life of the asset.
D. all of the above are correct.
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