Which of the following factors is not an inherent risk factor related to asset impairment?
A) Management is normally not interested in identifying and writing down assets.
B) Sometimes management wants to write down every potentially impaired asset to a minimum realizable value.
C) Determining asset impairment requires a good information system, a systematic process, goods controls, and professional judgment.
D) All of the above are inherent risk factors.

Question

Quizplus · Accepted Answer

All the options listed are inherent risk factors related to asset impairment, as they involve challenges and biases in the process of identifying and writing down impaired assets.

Which of the Following Factors Is Not an Inherent Risk