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If your school has a subscription to the FASB Codification, log in and prepare responses to the following. Provide Codification references for your responses. CE6.1 Access the glossary (“Master Glossary”) to answer the following. a.    What is the definition of present value? b.    Briefly describe the term “discount rate adjustment technique.” CE6.2 In addition to the list of topics identified in footnote 1 in the chapter, identify the specific Codification guidance related to the use of present value in goodwill impairment. CE6.3 What is interest cost? Briefly describe imputation of interest.

If your school has a subscription to the FASB Codification, log in and prepare responses to the following. Provide Codification references for your responses. CE6.1 Access the glossary (“Master Glossary”) to answer the following. a.    What is the definition of present value? b.    Briefly describe the term “discount rate adjustment technique.” CE6.2 In addition to the list of topics identified in footnote 1 in the chapter, identify the specific Codification guidance related to the use of present value in goodwill impairment. CE6.3 What is interest cost? Briefly describe imputation of interest.

Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter1: Overview Of Financial Reporting, Financial Statement Analysis, And Valuation
Section: Chapter Questions
Problem 5QE
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If your school has a subscription to the FASB Codification, log in and prepare responses to the following. Provide Codification references for your responses.

CE6.1 Access the glossary (“Master Glossary”) to answer the following.

a.    What is the definition of present value?

b.    Briefly describe the term “discount rate adjustment technique.”

CE6.2 In addition to the list of topics identified in footnote 1 in the chapter, identify the specific Codification guidance related to the use of present value in goodwill impairment.

CE6.3 What is interest cost? Briefly describe imputation of interest.

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