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U.S. GAAP requires that fixed assets be assessed for possible "impairment". The following events might...

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Accounting

U.S. GAAP requires that fixed assets be assessed for possible "impairment". The following events might lead to an "impairment analysis" being conducted, EXCEPT for: A significant adverse change in legal factors or in the business climate that affects the value of an asset. All answers would qualify as a reason to prepare an impairment analysis. A significant decrease in the fair value of an asset. A significant change in the manner in which an asset is used.
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U.S. GAAP requires that fixed assets be assessed for possible impairment". The following events might lead to an "impairment analysis" being conducted, EXCEPT for: A significant adverse change in legal factors or in the business climate that alfects the value of an asset. An answiers would qualify te a teaten to prepste an impitiment analysis. A significant decrease in the fair value of an asset

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