Question

Which of the following represents an event that indicates an asset's book value of an intangible...

Which of the following represents an event that indicates an asset's book value of an intangible assets may not be recoverable?

A. A significant adverse change in how the asset is being used or in its physical condition.

B. A significant adverse change in legal factors or in the business climate.

C. A realization that the asset will be disposed of significantly before the end of its estimated useful life.

D. All of these answer choices are correct.

Homework Answers

Answer #2

Answer : D. All of these answer choices are correct

Explaination :

the following represents an event that indicates an asset's book value of an intangible assets may not be recoverable?

A. A significant adverse change in how the asset is being used or in its physical condition.

B. A significant adverse change in legal factors or in the business climate.

C. A realization that the asset will be disposed of significantly before the end of its estimated useful life.

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