Which of the following is an internal source of information that may be used to indicate if an asset is impaired?
A)Economic performance of the asset
B)Market capitalisation
C)Interest rates
D)Asset's value

Question

Quizplus · Accepted Answer

Economic performance of the asset is an internal source of information that indicates if an asset is impaired. This includes factors such as changes in usage, physical damage, or technological obsolescence. Market capitalisation, interest rates, and asset value are external sources of information that may also be considered in assessing impairment, but they are not solely internal sources.

Which of the Following Is an Internal Source of Information