Question

Which of the following is not an impairment indicator for property, plant and equipment? A. a...

Which of the following is not an impairment indicator for property, plant and equipment?

A. a significant decrease in the market price of an asset or asset group

B. a current - period cash flow loss combined with a forecast of continuing losses associated with the use of an asset or asset goup

C. a significant decrease in the purchase price of an asset group scheduled to be acquired in the current period

D. a significant adverse change in legal factors that could affect the value of the asset or asset group

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Answer #1

Option 'c' is the answer.

A significant decrease in the purchase price of an asset group scheduled to be acquired in the current period is not an impairment indicator for plant, property and equipment.

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