Which of the Following Is Not a Likely Indicator of Possible

question 50

Multiple Choice

Which of the following is not a likely indicator of possible asset impairment?

• A) Evidence of obsolescence
• B) A decrease in the asset's market value
• C) Double the number of asset purchases over the prior year.
• D) External competitive factors

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Definitions:

Standard Of Care

The level of care and service provided by healthcare professionals that is considered acceptable and appropriate by peer professional judgment.

Professional Liability

The legal obligation of professionals to compensate for wrongful practices resulting in bodily harm or property damage.

Due Care

The effort made by an individual to avoid harm to another party, as would be expected of a reasonable person under similar circumstances.

Uniform Anatomical Gift Act

A law in the United States that facilitates the donation of organs and tissues for transplantation.