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Answer is ''FALSE''.
Amortization is depreciation for intangible assets which can be estimated depending on the nature of these particular asset.
Impairment is the reduction in the value of fixed assets due the change in circumstances, so that these particular assets is not as benificial as expected. this asset could be tangable or intagable.
So amortization and impairment are two different things.
In case of goodwill there is no amortization as per IAS38. so only we can charge impairment for goodwill.
