How Is an Impairment Loss Allocated to the Non-Current Asset(s)

question 120

Multiple Choice

How is an impairment loss allocated to the non-current asset(s) ?

• A)Allocate the impairment loss in proportion to the gross amounts of the assets in the cash generating unit.
• B)Allocate the impairment loss to assets with the highest carrying amounts in the cash generating unit.
• C)Allocate the impairment loss in proportion to the net carrying amounts of the assets in the cash generating unit.
• D)Allocate the impairment loss to assets with the lowest carrying amounts in the cash generating unit.

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