At Reporting Date,the Carrying Amount of a Cash-Generating Unit Was

question 26

Multiple Choice

At reporting date,the carrying amount of a cash-generating unit was considered to be have been impaired by $1000.The unit included the following assets: land $5000; plant $4000; and goodwill $1250.The carrying amount of goodwill after the allocation of the impairment loss is:

• A)$0.
• B)$250.
• C)$3000.
• D)$4000.

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Definitions:

Field

A component of a database table that holds individual pieces of data, serving as the smallest unit of data storage, like an email address or ID number, in a structured format.

Short Text

A data type in databases used for fields that contain text or combinations of text and numbers, restricted by a maximum length.

Required

A constraint in databases or programming that specifies a field must have a value and cannot be left blank.

Validation Rule

A criterion or set of criteria set within a database or software application that must be met before data is accepted or saved.