All of the following are factors that a company should consider before an impairment write-down of an asset is recorded except A)an appraisal of the asset. B)market trends. C)company profits. D)obsolescence of the asset.

Question

Quizplus · Accepted Answer

Company profits are not relevant when considering an impairment write-down of an asset. The factors that a company should consider include an appraisal of the asset, market trends, and the obsolescence of the asset. These factors help the company determine if the asset's value has decreased and if it needs to be written down to its fair value.

All of the Following Are Factors That a Company Should