IFRS require that assets must be assessed for indications of impairment
A) at the end of every quarter.
B) at the end of each reporting period.
C) when events and circumstances indicate that asset's carrying amount may not be recoverable.
D) whenever the method of depreciation has changed.

Question

Quizplus · Accepted Answer

The Answer of IFRS require that assets must be assessed for indications of impairment
A) at the end of every quarter.
B) at the end of each reporting period.
C) when events and circumstances indicate that asset's carrying amount may not be recoverable.
D) whenever the method of depreciation has changed.

IFRS Require That Assets Must Be Assessed for Indications of Impairment