Following Its Acquisition of the Net Assets of Dan Company,Empire

question 47

Multiple Choice

Following its acquisition of the net assets of Dan Company,Empire Company assigned goodwill of $60,000 to one of the reporting divisions.Information for this division follows:

-Based on the preceding information,what amount of amount of goodwill impairment will be recognized for this division if its fair value is determined to be $245,000?

• A)$0
• B)$5,000
• C)$60,000
• D)$55,000

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Definitions:

Decision-Based Evaluation (DBE) Model

A framework used to evaluate decisions by assessing their outcomes, processes, and impacts.

Evaluation Models

Frameworks or theories designed to assess the effectiveness and impact of programs, policies, or interventions.

Kirkpatrick's "Level One"

The first level of Kirkpatrick's model, which assesses participants' immediate reactions to a training program.

Training Managers

Individuals responsible for overseeing the training and development programs within an organization, ensuring they meet the needs of the employees and the business.