For which type of long-lived asset is it most appr
For which type of long-lived asset is it most appropriate to test for impairment at least annually:
A. Property, plant and equipment.
B. Intangible assets with finite live.
C. Intangible assets with indefinite lives.
参考解答
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2024-11-15 02:35:39
Ans: C.
Intangible assets with indefinite lives need to be tested for impairment at least annually.
A and C are incorrect. PP&E and intangible with finite lives are tested only if there has been a significant change or other indication of impairment.
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