Explain what is meant by the impairment value of property, plant, and equipment and intangible assets .

Question:

Explain what is meant by the impairment value of property, plant, and equipment and . How should these impairments be accounted for?

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...