Which of the Following Is Not a Circumstance Indicating Potential

question 4

Multiple Choice

Which of the following is not a circumstance indicating potential impairment of intangible assets?

• A)A change in circumstances,such as the legal environment or business climate,that could affect the asset's value.
• B)An accumulation of costs that are significantly in excess of the amount originally expected to be needed to acquire or construct the asset.
• C)The asset generates just as much cash flow as in the past.
• D)Losses or projections indicating continuing losses associated with an asset used to generate revenue.

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Definitions:

Cultural Elements

Components that define the traditions, values, norms, and practices of a culture, shaping its identity and influencing behavioral patterns.

Perception

The process by which individuals interpret and organize sensory information to give meaning to their environment.

Psychological Process

The mental mechanisms and operations that underlie an individual's cognitive functions and behavior.

Reactive Devaluation

The tendency to view a proposal or offer as less desirable simply because it originated from an adversary or opposing party.