The Steps in the Process of Determining an Impairment Loss

Question 91
Multiple Choice

The steps in the process of determining an impairment loss in their proper order are A) apply the recoverability test,review circumstances that suggest impairment,compute the amount of the impairment. B) apply the recoverability test,review circumstances that suggest impairment,record the amount of the impairment. C) review circumstances that suggest impairment,apply the recoverability test,and compute the amount of the impairment. D) review circumstances that suggest impairment,apply the recoverability test,record the amount of the impairment.