If the market value of goodwill is found to be lower than the book value, goodwill is

Question:

If the market value of goodwill is found to be lower than the book value, goodwill is __________ and must be adjusted by __________.
A. Worthless; reducing it with a credit
B. Impaired; reducing it with a credit
C. Impaired; increasing it with a credit
D. Worthless; increasing it with a credit

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