Ashish PatelAshish Patel asked 1 year ago
1 Answers
Best Answer
RaviRavi Staff answered 1 year ago

Subjectivity means which changes from person to person. If company is having artistic value items, its valuation will be different for different people. Further suppose company doing impairment testing , we have to compute value in use , which will be different for different people. In such case judgments can go wrong and there is significant risk.

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