Goodwill Impairment Is a Measurement Problem That Should Be Addressed

question 55

Multiple Choice

Goodwill impairment is a measurement problem that should be addressed when?

• A)upon significant adverse change in the business environment.
• B)every other year on a scheduled and consistent basis.
• C)initially,in accordance with SFAS No.146.
• D)in conjunction with the recording of restructuring liabilities.

---

Definitions:

Sentinel Values

Sentinel values are special values in the context of computer programming and data processing that are used to mark or signal the end of a data structure, such as arrays or lists, without explicitly using data structure's size.

Sentinel Value

A sentinel value is a special value in the context of an algorithm which uses it to terminate a loop when it is encountered.