Under IFRS,there Is Never an Impairment Loss Related to Goodwill

question 65

Multiple Choice

Under IFRS,there is never an impairment loss related to goodwill when ________.

• A)the value in use of the cash-generating unit is less than its fair value less cost to sell
• B)the value in use of the cash-generating unit is greater than its fair value less cost to sell
• C)the recoverable amount of the cash-generating unit less than the carrying value of the cash-generating unit
• D)the recoverable amount of the cash-generating unit is greater than the carrying value of the cash-generating unit

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Definitions:

Organizational Behaviour

The study of how individuals and groups act within an organization, focusing on improving job performance and promoting innovation.

Analytics

Analytics involves the systematic computational analysis of data or statistics, used for the discovery, interpretation, and communication of meaningful patterns in data.

Data Discovery

The process of collecting and analyzing data to uncover patterns, trends, and insights for decision-making purposes.

Customer Satisfaction

The measure of how products and services supplied by a company meet or surpass customer expectation.