Which of the following is most likely an indicator for possible asset impairment?

Question

Quizplus · Accepted Answer

All of the above are possible indicators for asset impairment. Evidence of obsolescence suggests that the asset may not be worth as much as it was originally valued at. A significant decrease in market value also suggests that the asset may have decreased in value and could potentially be impaired. External and internal factors can also impact the value of an asset and may indicate impairment. Therefore, all of these factors should be considered when assessing possible asset impairment.

Which of the Following Is Most Likely an Indicator for Possible