If the market value of the reporting unit is below book value and a significant amount of goodwill exists, the presumption is that there has been an impairment of goodwill
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Arco Corporation declared a cash dividend on June 2 of $6 per common share. The company has 2,000 shares of common stock authorized, 1,000 shares issued, and 200 in the treasury. The entry to record the declaration of the cash dividend increases
a. a liability. b. an asset. c. an expense. d. a stockholders' equity account.
Checks that involve amounts of more than $5,000 generally trigger the bank reporting requirements under the USA Patriot Act
Indicate whether the statement is true or false
Which of the following is a physical symptom of stress?
A. changes in metabolism B. changes in productivity C. job-related dissatisfaction D. job turnover
Which of the following primarily involve long-term sourcing?
A. e-distributors and exchanges B. e-distributors and industry consortia C. e-procurement Net marketplaces and exchanges D. e-procurement Net marketplaces and industry consortia