All of the Following Are Factors That a Company Should

question 42

Multiple Choice

All of the following are factors that a company should consider before a write-down impairment of an asset is recorded except

• A)an appraisal of the asset.
• B)market trends.
• C)company profits.
• D)obsolescence of the asset.

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Definitions:

Credit Sales

Sales made on credit, where the payment from the buyer is deferred to a later date.