One year after acquisition date, the goodwill acquired was regarded as having become impaired by $40 000. The appropriate consolidation adjustment in relation to the impairment will include the following line:

A) I.
B) II.
C) III.
D) IV.

Question

One year after acquisition date, the goodwill acquired was regarded as having become impaired by $40 000. The appropriate consolidation adjustment in relation to the impairment will include the following line:

A) I. 
B) II. 
C) III. 
D) IV.

Quizplus · Accepted Answer

The Answer of One year after acquisition date, the goodwill acquired was regarded as having become impaired by $40 000. The appropriate consolidation adjustment in relation to the impairment will include the following line:

A) I. 
B) II. 
C) III. 
D) IV.

One Year After Acquisition Date, the Goodwill Acquired Was Regarded