Which is not a source of information that would be used as an indicator of impairment?
A)Adverse changes in the technological competitive or legal environment of the entity.
B)Market value of asset has increased more than would be expected from normal aging.
C)Market value of asset has decreased more than would be expected from normal aging.
D)The market value of the entity as a whole is less than the carrying value of its net assets.

Question

Quizplus · Accepted Answer

Market value of an asset increasing more than expected from normal aging is typically a sign of appreciation or improvement, not impairment. Impairment indicators usually involve declines in market value, adverse changes, or situations where the carrying amount may not be recoverable.

Which Is Not a Source of Information That Would Be