Answer:
The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.
Explanation:
Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.
Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>
Answer:
$100,340
Explanation:
<em>The amount of cost recorded in the asset account would be:</em>
List price $93,000
Less: Discount ($93,000*2%) $1,860
Add: Freight $3,800
Add: Installation&Testing <u>$5,400 </u>
Cost of the machine <u>$100,340</u>
Note: Insurance cost is not included in the cost of the machine
Answer:
Demand is the same as quantity demanded.
Explanation:
What human resources manager focus on when determining an organization's long-term staffing needs is the organization's vision and strategic plan.
<h3>What is Strategic planning?</h3>
Strategic planning can be regarded as the process where an organizational leaders determine their vision.
This helps the leader to prepare for the future as well as identify their goals and objectives for the organization.
Learn more about Strategic planning at;
brainly.com/question/24462624
Answer:
1. bankrupcy
2.fair credit reporting laws
3.truth in lending laws
4.consumer leasing act
5.privacy policies
Explanation: