Which of the following indicators of impairment is considered an internal source of information? a. Significant decline in market value than what is expected as a result of passage of time of normal use. b. Significant changes in technological, market, economic or legal environment in which the entity operates or in the market to which an asset is dedicated. c. Carrying amount of the net assets is more than its market capitalization. d. Significant change with adverse effect to the entity has taken place or will take place, which will affect expected use of asset, e.g., discontinuance, disposal, restructuring plans.
Which of the following indicators of impairment is considered an internal source of information? a. Significant decline in market value than what is expected as a result of passage of time of normal use. b. Significant changes in technological, market, economic or legal environment in which the entity operates or in the market to which an asset is dedicated. c. Carrying amount of the net assets is more than its market capitalization. d. Significant change with adverse effect to the entity has taken place or will take place, which will affect expected use of asset, e.g., discontinuance, disposal, restructuring plans.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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7. Which of the following indicators of impairment is considered an internal source of information?
a. Significant decline in market value than what is expected as a result of passage of time of normal use.
b. Significant changes in technological, market, economic or legal environment in which the entity operates or in the market to which an asset is dedicated.
c. Carrying amount of the net assets is more than its market capitalization.
d. Significant change with adverse effect to the entity has taken place or will take place, which will affect expected use of asset, e.g., discontinuance, disposal, restructuring plans.
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